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SEC filingAppFolio, Inc. entered into a new employment agreement with CEO Shane Trigg on April 9, 2026, establishing his compensation and severance terms through 2030.
The amended employment agreement for CEO Shane Trigg provides long-term stability and alignment through 2030, with significant equity compensation designed to incentivize performance. The structured severance provisions, particularly those tied to corporate transactions, offer substantial protection for the executive while creating potential financial obligations for the company in change-of-control scenarios. The agreement's at-will nature maintains flexibility for both parties, while the detailed compensation framework reflects the board's commitment to retaining key leadership with competitive pay tied to operational and share-based metrics.