[144] Applovin Corporation SEC Filing

Rhea-AI Filing Summary

Form 144 filing for AppLovin Corporation (APP) shows a proposed sale of 450 common shares via Morgan Stanley Smith Barney on 08/20/2025, with an aggregate market value of $182,946.06. The shares were acquired as founder stock on 10/01/2011 and the filing reports cash payment history. The filing also lists multiple related-party sales in May 2025, most notably Arash Adam Foroughi selling 100,000 shares for $36,751,590.00. The filer affirms no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Substantial insider selling occurred in May 2025, highlighted by a 100,000-share sale for $36.75M; the current Form 144 notifies a small 450-share sale.

The Form 144 documents a modest proposed sale of 450 shares on August 20, 2025, sourced from founder stock dated October 1, 2011. More notable are the listed May 2025 disposals by related parties, including a 100,000-share sale by Arash Adam Foroughi with gross proceeds of $36,751,590.00 and multiple trust/LLC sales aggregating meaningful proceeds. For investors, clustered insider or affiliated-party sales within a short period can be relevant to share supply and insider liquidity signals. This filing provides explicit quantities, dates, brokers, and proceeds but does not include context on ownership percentages or company market capitalization, limiting assessment of proportional impact.

Corporate Governance Expert

TL;DR: Multiple affiliated-party sales were executed recently; the Form 144 filing properly discloses a small planned sale and standard signer attestations.

The document meets Rule 144 disclosure elements: it identifies the broker, number of shares to be sold, acquisition date/type (founder stock), sale timing, and recent related-party sales with gross proceeds. The signature/attestation language affirms absence of undisclosed material adverse information. Governance considerations include the concentration of sales from trusts and entities at a single address and a large sale by a named individual, which governance boards may monitor for signaling or potential need for communication to shareholders. The filing itself contains no allegations of wrongdoing or issuer-side disclosures.

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	450	182946.06	307636373	08/20/2025	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	10/01/2011	Founder Stock	Issuer			450	10/01/2011	Cash

* 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
THE WHK TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	5000	1834787.00
ARASH ADAM FOROUGHI 1100 Page Mill Road Palo Alto CA 94304	Common	05/21/2025	100000	36751590.00
THE OD TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	5000	1834570.50
DLF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5457663.00
KMF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5458027.50
OHF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5457765.00
THE JAF CHILDRENS TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	5000	1833878.00
WNF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5457381.00
HDF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5457786.00

144: Remarks and Signature

Remarks

Date of Notice

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)