AppFolio Insider Maurice Duca Sells Shares Under Prearranged Trading Plan
Maurice J. Duca, an insider at AppFolio (NASDAQ: APPF), sold a total of 15,800 shares of Class A common stock on August 14 and 17, 2026, according to a SEC Form 4 filing. The transactions were executed under a Rule 10b5-1 trading plan established in March 2026, which allows insiders to trade stocks based on prearranged schedules without the appearance of insider trading. Following these sales, Duca retained approximately 101,000 shares with an estimated value of $19.8 million as of August 17, 2026 market close. The equity is split between direct holdings and indirect ownership through a Family Trust and pension trust for which he serves as sole trustee. AppFolio's stock has declined by 26% over the past year leading up to this transaction date.
Topics: AppFolio insider trading Rule 10b5-1