[144] Applovin Corporation SEC Filing

Rhea-AI Filing Summary

Applovin Corporation insider notice reports a proposed sale of 10,429 common shares with an aggregate market value of $4,215,519.65, representing part of the company's 307,636,373 shares outstanding. The shares are expected to be sold on or about 08/20/2025 through Morgan Stanley Smith Barney LLC on NASDAQ. The filer acquired these shares as founder stock on 10/01/2011 and indicates payment was in cash. The filing also lists recent open-market sales by related parties in May 2025, including one sale of 100,000 shares for $36,751,590.00.

Positive

• Clear compliance with Rule 144: broker, share count, aggregate value, acquisition date, and sale timing are provided
• Acquisition history disclosed: shares acquired as founder stock on 10/01/2011, with payment in cash

Negative

• Significant insider-related sales listed in May 2025 including a 100,000-share sale for $36,751,590.00, which increases available float
• Concentration of related-party sales in a short period (multiple entities sold shares on 05/20–05/21/2025)

Insights

Securities Analyst

TL;DR Insider plans to sell 10,429 shares (~$4.22M) through Morgan Stanley; recent May 2025 sales by related parties are disclosed.

This Form 144 provides standard Rule 144 disclosure for a proposed sale of 10,429 common shares valued at $4,215,519.65 and identifies the broker and approximate sale date. The filing confirms the shares were acquired as founder stock in 2011 and paid in cash. The inclusion of multiple sizable open-market sales in May 2025, notably a 100,000-share sale for $36.75M, is material for liquidity and insider selling analysis. Documentation appears complete for required Rule 144 notice.

Corporate Governance Expert

TL;DR The filing is a routine insider disposition notice but shows concentration of recent insider-related sales in May 2025.

The notice meets disclosure requirements by naming the broker, class, quantity, aggregate value, and acquisition details (founder stock dated 10/01/2011). It explicitly lists related-party sales during the past three months, which is relevant for assessing insider liquidity and potential impact on market supply. No additional governance issues or undisclosed material information are presented within this filing.

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	10429	4215519.65	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			10429	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
ARASH ADAM FOROUGHI 1100 Page Mill Road Palo Alto CA 94304	Common	05/21/2025	100000	36751590.00
KMF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5458027.50
THE OD TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	5000	1834570.50
THE WHK TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	5000	1834787.00
DLF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	05/20/2025	15000	5457663.00
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)

FAQ

What does Applovin (APP) Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 10,429 common shares valued at $4,215,519.65, expected around 08/20/2025 via Morgan Stanley Smith Barney LLC on NASDAQ.

When and how were the shares being sold acquired according to the filing?

The filing states the shares were acquired as founder stock on 10/01/2011 and the payment was made in cash on that date.

Does the Form 144 list recent sales by related parties for APP?

Yes; it lists multiple sales in May 2025, including one seller who sold 100,000 shares on 05/21/2025 for $36,751,590.00.

Which broker is handling the proposed sale in the Form 144?

The broker named is Morgan Stanley Smith Barney LLC, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004.

How many Applovin shares are outstanding per the filing?

The filing reports 307,636,373 shares outstanding.