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Shane Trigg received $5.4M in total compensation as President and Chief Executive Officer of APPFOLIO INC in FY2025. The largest component was $4.0M in stock awards. That’s up 8% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Shane Trigg, President and Chief Executive Officer of APPFOLIO INC (APPF), received total compensation of $5.4 million.
Shane Trigg's compensation breakdown includes: base salary of $550K, stock awards valued at $4.0 million, non-equity incentive compensation of $814K, and other compensation of $75K.
Compared to fiscal year 2024, Shane Trigg's total compensation increased 8% from $5.0 million to $5.4 million.
APPFOLIO INC's top 5 named executive officers received combined total compensation of $16.5 million in fiscal year 2025.
The named executive officers disclosed in APPFOLIO INC's 2025 proxy statement are:Shane Trigg (President and Chief Executive Officer) with total compensation of $5.4 million, Tim Eaton (Chief Financial Officer) with total compensation of $4.1 million, Elizabeth Barat (Chief People Officer) with total compensation of $2.8 million, Matt Mazza (Former Chief Trust Officer) with total compensation of $2.7 million, and Evan Pickering (Senior Vice President General Counsel and Corporate Secretary) with total compensation of $1.4 million.
Source Filing
Executive Record
Shane Trigg
President and Chief Executive Officer
Reported Pay
$5.4M
Summary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $5.4M against -6% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +8%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for APPF.
Team view
5 executives
President and Chief Executive Officer
Total PayFY2025
$5.4M
Chief Financial Officer
Total PayFY2025
$4.1M
Chief People Officer
Total PayFY2025
$2.8M
Former Chief Trust Officer
Total PayFY2025
$2.7M
Senior Vice President General Counsel and Corporate Secretary
Total PayFY2025
$1.4M
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01FY2025 total compensation breakdown
$5.4M total compensation
Shane Trigg earned $5.4M in FY2025— here's how that breaks down.
$4.0M
74% of total
$814.0K
15% of total
$550.0K
10% of total
$74.6K
1% of total
Activity timeline · FY2025
Recent events from filings
Apr 28, 2026
Shane Trigg Equity award
Apr 28, 2026
Tim Eaton Equity award
Apr 28, 2026
Elizabeth Barat Equity award
Apr 28, 2026
Evan Pickering Equity award
Apr 28, 2026
Matt Mazza Equity award
Apr 28, 2026
Shane Trigg grant (Equity)
Nov 27, 2025
Matt Mazza — Severance | Separation Agreement entered November 19, 2025, effective November 27, 2025; Prorated annual cash bonus of $219,462 per Separation Agreement; Severance payments included in All Other Compensation; Nine months of COBRA coverage provided; All unvested equity forfeited as of departure date
Jul 30, 2025
Tim Eaton stock (Grant FV $1,250,095)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mid-cap median compensation benchmark for companies around $5.8B market cap, based on 453 peers in this size band.
03Recent insider trades by officers and directors
~24 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.55M | $0.81M | $4.00M | $0.00M | $0.07M | $5.44M | |
| 2024 | $0.55M | $1.45M | $3.00M | $0.00M | $0.02M | $5.02M | |
| 2023 | $0.51M | $0.66M | $8.50M | $8.07M | $0.01M | $17.7M | |
| 2022 | $0.44M | $0.49M | $0.00M | $0.00M | $0.01M | $0.94M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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APPFOLIO INC (APPF) — Key Facts
Last updated May 20, 2026 · DEF 14A filed Apr 28, 2026
| CEO | Shane Trigg, President and Chief Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $5.4M |
| Base salary | $550K |
| Stock awards | $4.0M |
| Other compensation | $75K |
| Year-over-year change | +8% |
| Source | DEF 14A, 2026-04-28 |
Shane Trigg, the President and Chief Executive Officer of APPFOLIO INC, received total compensation of $5.4 million in fiscal year 2025. This includes base salary of $550,000 and stock awards valued at $4.0 million.
Shane Trigg's base salary at APPFOLIO INC is $550,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $5.4 million.
APPFOLIO INC's CEO, Shane Trigg, earned $5.4 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($4.0 million) rather than base salary ($550,000).