Appgate, Inc.: insider trades · United States · SEC (Form 4)

About Appgate, Inc.

Appgate, Inc. is a U.S.-based cybersecurity company listed on the American market (NYSE/NASDAQ context), with operations historically anchored in Coral Gables, Florida, United States. For French-speaking investors, Appgate should be viewed as a focused security software vendor positioned in the structural growth area of Zero Trust and secure access. The company’s current structure reflects a 2021 merger in which the business of Legacy Appgate became the operating core of the public company, while the underlying technology heritage goes back earlier to software-defined perimeter and risk-based authentication capabilities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1353538/000162828023010179/apgt-20221231.htm?utm_source=openai)) At the center of the business model are software solutions and related services designed to reduce attack surface, tightly control access rights, and prevent lateral movement inside enterprise networks. Its main product line includes Appgate SDP, the company’s Zero Trust Network Access (ZTNA) platform, alongside offerings tied to fraud protection, risk-based authentication, and threat advisory services. Commercially, the company targets enterprises, financial institutions, and government customers that need to modernize access architectures without relying on traditional VPN models, which are often considered too permissive for today’s threat environment. Appgate has also emphasized an international customer base and a strong orientation toward regulated and mission-critical environments. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1353538/000121390021052921/ea148769-8k_appgate.htm?utm_source=openai)) From a competitive standpoint, Appgate operates in a crowded cybersecurity market that includes both specialized pure-plays and much larger platform vendors. Its long-standing differentiation has been an identity-centric, context-aware approach to Zero Trust, with an emphasis on cloaking infrastructure and enforcing least-privilege access at the application and network level. The company has also highlighted external recognition for its ZTNA positioning, which supports its technical credibility in a market where product validation matters significantly. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1353538/000121390021052921/ea148769-8k_appgate.htm?utm_source=openai)) Recent developments suggest an active product roadmap despite a demanding financial backdrop. In 2024 and 2025, Appgate launched or upgraded multiple capabilities around ZTNA, including updated SDP releases, an application discovery service, malware analysis functionality, and security certifications. In 2025 and 2026, the company also communicated new initiatives around agentic AI protection, industrial OT secure access, and defense-related partnerships such as work with GDIT on U.S. Air Force cybersecurity modernization. These announcements indicate a strategy that is increasingly focused on higher-value use cases, especially government, defense, and critical infrastructure accounts. ([appgate.com](https://www.appgate.com/news-press/appgate-releases-new-version-of-its-award-winning-universal-zero-trust-network-access-solution?utm_source=openai)) For investors, Appgate therefore looks like a niche cybersecurity specialist exposed to a secular demand trend, but also to intense competition, continuous innovation requirements, and execution risk in commercial expansion. Its equity story is best framed as that of a specialized technology company whose value creation depends more on product depth and targeted customer wins than on broad software diversification. ([businesswire.com](https://www.businesswire.com/news/home/20211013005128/en/Appgate-a-Leading-Cybersecurity-Company-Founded-on-Zero-Trust-Principles-Closes-Merger-with-Newtown-Lane-Marketing?utm_source=openai))