Appfolio (APPF) executive compensation, 2026 proxy

Shane Trigg, President and Chief Executive Officer, was paid $5.4M in 2025, up 8% from $5M the year before. The CEO-to-median-employee pay ratio was 29:1, on median employee pay of $189,867.

Filed
April 28, 2026
Annual meeting
June 12, 2026
Pay year
2025
Named executives
5
CEO total pay
$5.4M+8% vs prior year
CEO to median employee
29:1median $189,867
CEO pay in equity
74%$4M in awards
Prior say-on-pay support
100%of votes cast
CEO Salary
$550,000Base salary for fiscal year 2025
CEO Stock Awards
$4,000,307Grant date fair value
CEO Non-Equity Incentive
$814,000Corporate bonus plan payout
Say-on-Pay Support
99.6%Approval at 2025 annual meeting

How Trigg was paid

$5.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards74%Non-equity incentive15%All other compensation1%

Named executive officers

ExecutiveTotal
Shane TriggPresident and Chief Executive Officer$5,438,904
Tim EatonChief Financial Officer$4,137,470
Elizabeth BaratChief People Officer$2,798,577
Evan PickeringSenior Vice President, General Counsel and Corporate Secretary$1,381,550
Matt MazzaFormer Chief Trust Officer$2,726,648

What changed and why

  • $5.4MShane Trigg received total compensation of $5,438,904 in fiscal 2025, representing an increase from $5,018,965 in fiscal 2024.
  • $71,250Tim Eaton received a one-time cash bonus of $71,250 in recognition of his service as Interim Chief Financial Officer.
  • $534KMatt Mazza departed the Company on November 14, 2025, receiving severance and COBRA benefits totaling $534,462.
  • Stock awards granted to named executive officers included both restricted stock units and performance stock units.
  • The ratio of the CEO to median employee annual total compensation was 29 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.