AppFolio Grants $315,000 Severance and Bonus to Departing Chief Trust Officer

Reuters2025-12-04

AppFolio Grants $315,000 Severance and Bonus to Departing Chief Trust Officer

AppFolio Inc. has entered into a Separation Agreement with its former Chief Trust Officer, Matt Mazza, following his departure from the company on November 14, 2025. Under the terms of the agreement, Mazza will receive a severance payment of $315,000, representing nine months of his base salary, paid biweekly. He will also receive a pro-rated annual bonus of $219,462 for the 2025 fiscal year, payable in a lump sum. Additionally, AppFolio will cover Mazza's COBRA health insurance premiums for up to nine months and continue his participation in the Executive Medical Reimbursement Program, allowing reimbursement of eligible expenses up to $100,000 through March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AppFolio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001433195-25-000147), on December 03, 2025, and is solely responsible for the information contained therein.

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