<div id="readability-page-1"><div><p><span>Barat Elizabeth Erin Officer of Appfolio Inc [APPF] filed a Form 4 on December 12, 2025 with the Securities and Exchange Commission disclosing the following changes in ownership:</span></p><div><table><tbody><tr><td><span>Date</span></td><td><span>12/10/25</span></td></tr><tr><td><span>Transaction</span></td><td><span>Surrender(1)</span></td></tr><tr><td><span>Shares</span></td><td><span>1,014</span></td></tr><tr><td><span>Price</span></td><td><span>$231.45</span></td></tr><tr><td><span>Value</span></td><td><span>$234,690</span></td></tr></tbody></table></div><p><span>Ending Holdings: 14,855 - Direct</span></p><ul><li><span>(1)</span></li><li><span>Surrender of shares back to company to pay option exercise cost and/or resulting tax liability.</span></li></ul><p><span>For a free trial, or to learn more about our insider trading analysis and data services, please visit http://www.washingtonservice.com or contact us at (301) 913-5100 or send an email to info@washingtonservice.com.</span></p><p><span>Founded in 1970, The Washington Service provides securities professionals with financial, economic and public policy research and data.</span></p><span> </span></div></div>

APPF

<p>Barat Elizabeth Erin, an officer of Appfolio Inc [APPF], surrendered 1,014 shares at $231.45 each, valued at $234,690, to cover option exercise costs and/or tax liabilities. Her remaining direct holdings are 14,855 shares.</p>

Officer Barat Surrenders 1,014 Of Appfolio Inc [APPF]