Steven Mark Lynch, Director at Appian (NASDAQ:APPN), reported a large insider sell on November 15, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Lynch sold 4,598 shares of Appian. The total transaction amounted to $173,160.
Appian shares are trading down 1.99% at $38.01 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...