APP Form 144: Insider Plans Sale; May 2025 Related Sales Disclosed
Rhea-AI Filing Summary
Form 144 notice for Applovin Corporation (APP) indicates an intended sale of 451 shares of common stock through Morgan Stanley Smith Barney at an aggregate market value of $183,266.65. The filing lists the approximate sale date as 08/20/2025 on NASDAQ and reports 307,636,373 shares outstanding. The 451 shares were acquired as founder stock on 10/01/2011 and were paid in cash. The filing also discloses multiple recent sales by named parties during May 2025, most notably a sale of 100,000 shares on 05/21/2025 with gross proceeds of $36,751,590.00. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
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Insights
TL;DR: Routine insider resale notice showing small planned sale and multiple recent related-party sales in May 2025.
The filing documents a planned sale of 451 common shares via a registered broker with an indicated market value of $183,266.65 and identifies the shares as founder stock acquired in 2011. The separate disclosures of several May 2025 sales, including a 100,000-share disposition with $36.75 million proceeds, provide context on recent insider liquidity. From an investor-materiality perspective, the planned 451-share sale is immaterial relative to total shares outstanding, while the May transactions show notable insider selling activity that market participants may monitor.
TL;DR: Compliance-focused Form 144 filing documenting insider resale and required representations about undisclosed material information.
The document meets Rule 144 disclosure requirements by specifying the class, broker, intended sale date, acquisition details, and recent sales by related parties. The signer affirms absence of undisclosed material adverse information. Governance stakeholders will view this as a standard compliance disclosure; the accompanying May 2025 sales indicate executing liquidity events by named persons/entities but do not, on their face, convey governance changes or regulatory concerns.