APP insider sales: Basil Shikin and trusts file Form 144 (APP)

Rhea-AI Filing Summary

APP reporting persons submitted Form 144 notices proposing sales of Common Stock under prearranged 10b5-1 plans.

The filing lists a 62,804-share sale attributed to Basil Shikin on 03/10/2026 (value $30,549,781.12) and three 8,972-share sales on 03/10/2026 (each valued at $4,364,254.45), identified as sales by trusts dated 09/07/2023.

Key Figures

Basil Shikin proposed sale: 62,804 shares Value reported for Shikin line: $30,549,781.12 Each trust proposed sale: 8,972 shares +3 more

6 metrics

Basil Shikin proposed sale 62,804 shares sale dated 03/10/2026

Value reported for Shikin line $30,549,781.12 line item adjacent to 62,804 shares

Each trust proposed sale 8,972 shares three trust entries dated 03/10/2026

Value per trust line $4,364,254.45 value shown for each 8,972-share entry

Trusts formation date 09/07/2023 U/A DTD date shown for named trusts

Form date shown on heading 05/22/2026 date appears in header area of excerpt

Key Terms

Form 144, 10b5-1 Sales, Founders Shares

3 terms

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 Sales regulatory

"10b5-1 Sales for BASIL SHIKIN 1100 Page Mill Road"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

Founders Shares market

"Common | 02/01/2012 | Founders Shares"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8972	4359405.08	305732000	05/22/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/01/2012	Founders Shares	Issuer			8972	02/01/2012	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for BASIL SHIKIN 1100 Page Mill Road Palo Alto CA 94304	Common	03/10/2026	62804	30549781.12
10b5-1 Sales for ES48 HOLDINGS TRUST U/A DTD09/07/2023 1100 Page Mill Road Palo Alto CA 94304	Common	03/10/2026	8972	4364254.45
10b5-1 Sales for IS37 HOLDINGS TRUST U/A DTD09/07/2023 1100 Page Mill Road Palo Alto CA 94304	Common	03/10/2026	8972	4364254.45
10b5-1 Sales for IK50 HOLDINGS TRUST U/A DTD09/07/2023 1100 Page Mill Road Palo Alto CA 94304	Common	03/10/2026	8972	4364254.45

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does APP's Form 144 filing disclose about insider sales?

The filing discloses proposed sales under 10b5-1 plans. It shows a 62,804-share sale by Basil Shikin and three 8,972-share sales by trusts, all dated 03/10/2026, with reported dollar values next to each line item.

Who are the selling parties named in the APP Form 144?

Named sellers include Basil Shikin and three trusts (ES48, IS37, IK50 Holdings Trusts U/A DTD 09/07/2023). Each trust line shows an 8,972-share sale entry dated 03/10/2026, per the filing excerpt.

What share counts and values are listed in APP's Form 144 excerpt?

The excerpt lists a 62,804-share entry with value $30,549,781.12 and three entries of 8,972 shares each with value $4,364,254.45, all dated 03/10/2026 as the sale dates.

Are the APP sales in the Form 144 shown as planned under trading plans?

Yes. The lines are labeled as 10b5-1 Sales, indicating they were effected under prearranged trading plans. The filing lists the plan date for the trusts as 09/07/2023 and the sale date as 03/10/2026.