AppFolio (NASDAQ:APPF) held its 2026 Annual Meeting of Stockholders virtually, with shareholders voting to elect two directors, ratify the company’s auditor and approve executive compensation on an advisory basis, according to the meeting transcript.
Shane Trigg, AppFolio’s President and CEO, chaired the meeting and thanked stockholders for participating. He was joined by Evan Pickering, the company’s General Counsel and Corporate Secretary, who served as secretary of the meeting and Inspector of Elections.
Quorum Established and Proposals Presented
Pickering declared the meeting open for formal business, stating that notice had been properly served to all stockholders of record as of April 16, 2026. He also said a quorum was present because holders of a majority of the voting power of AppFolio’s outstanding stock entitled to vote were present virtually or represented by proxy.
Stockholders were asked to vote on three proposals described in the company’s 2026 proxy statement:
- The election of Olivia Nottebohm and Saori Casey as Class II directors to serve until the 2029 annual meeting of stockholders, or until their successors are elected and qualified.
- The ratification of PricewaterhouseCoopers LLP as AppFolio’s independent registered public accounting firm for the fiscal year running from Jan. 1, 2026, through Dec. 31, 2026.
- The approval, on a non-binding advisory basis, of the compensation of the company’s named executive officers as described in the 2026 proxy statement.
Preliminary Voting Results
After the polls closed, Pickering reported preliminary results showing that all three proposals had received the necessary support from stockholders voting at the meeting or by proxy.
For the director election, Pickering said a plurality of votes cast by shares present virtually or represented by proxy had been voted in favor of electing Nottebohm and Casey. On the auditor proposal, he said a majority of the outstanding shares present virtually or represented by proxy and entitled to vote supported ratifying PricewaterhouseCoopers as AppFolio’s independent registered public accounting firm for fiscal 2026.
Pickering also reported that a majority of the outstanding shares present virtually or represented by proxy and entitled to vote approved, on an advisory basis, the compensation of AppFolio’s named executive officers as disclosed in the proxy statement.
No Stockholder Questions
The company paused during the meeting to determine whether any stockholder questions had been submitted that related to the official business of the annual meeting and complied with the company’s meeting procedures and rules of conduct.
Trigg said there were no such questions, and the meeting proceeded to the reporting of the preliminary voting results.
Pickering said he would furnish a written report of the vote count for inclusion in the meeting minutes. He also said AppFolio would file a Form 8-K with the Securities and Exchange Commission to report the final voting results.
Trigg then concluded the formal business of the meeting, thanked stockholders for their time and continued support, and adjourned the meeting.
About AppFolio (NASDAQ:APPF)
AppFolio, Inc is a Santa Barbara–based provider of cloud-based software solutions for the property management and legal industries. Founded in 2006 by former software executives, the company went public on the NASDAQ under the symbol APPF in 2015. Its original offering, AppFolio Property Manager, automates accounting, marketing, leasing, and maintenance functions for residential, commercial, student housing, and community association managers.
In 2019, AppFolio expanded its portfolio with the acquisition of MyCase, a web-based legal practice management platform for small to mid-size law firms.
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