Applovin (APP) Form 144 Reveals 776-Share Sale and Multiple Related Sales

Rhea-AI Filing Summary

Applovin Corporation (APP) Form 144 notice reports a proposed sale of 776 common shares through Morgan Stanley Smith Barney with an aggregate market value of $327,410.81. The shares were originally acquired as founder stock on 10/01/2011 and paid for in cash. The filing also discloses multiple related sales during the past three months by trusts and affiliated LLCs, including a 100,000-share sale generating $36,751,590.00 and several ~10,429-share block sales each producing ~$4.2 million. The issuer's outstanding shares are listed as 307,636,373, making the 776-share proposed sale immaterial in size relative to total outstanding shares.

Insights

Securities Analyst

TL;DR: Multiple insider-related sales disclosed; the single proposed sale is tiny versus outstanding shares and is likely immaterial.

The Form 144 shows a proposed sale of 776 founder shares via Morgan Stanley with a market value of $327,410.81 and confirms acquisition as founder stock in 2011. The filing also lists several recent dispositions by trusts and affiliated LLCs, most notably a 100,000-share transaction that produced $36.8 million. Given total outstanding shares of 307,636,373, the 776-share notice is quantitatively negligible. However, the pattern of clustered sales by related parties merits monitoring for potential liquidity or estate-planning-related supply into the market rather than corporate-operational concerns.

Corporate Governance Expert

TL;DR: Disclosure is complete for Rule 144 purposes; multiple entity sales suggest organized disposition but not immediate governance red flags.

The document adheres to Rule 144 disclosure requirements by identifying the broker, class, acquisition details, and recent related sales. The seller represents no undisclosed material adverse information. The presence of several sales from trusts and LLCs—each with addresses tied to the same location—indicates coordinated transfers that could reflect trust distributions or planned liquidity events. From a governance standpoint, these are routine if properly disclosed; no evidence here indicates material adverse corporate developments or insider trading violations.

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	776	327410.81	307636373	08/21/2025	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			776	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 OD TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	450	182946.06
THE JAF CHILDRENS TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	451	183266.65
OHF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	10429	4216103.67
KMF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	10428	4215680.63
WNF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	10429	4215932.64
HDF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	10429	4215519.65
DLF 2020 LLC 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	10429	4216346.67
THE WHK TRUST 1100 Page Mill Road Palo Alto CA 94304	Common	08/20/2025	449	182512.62
ARASH ADAM FOROUGHI 1100 Page Mill Road Palo Alto CA 94304	Common	05/21/2025	100000	36751590.00

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 Form 144 for APP disclose about the proposed sale?

The form discloses a proposed sale of 776 common shares via Morgan Stanley valued at $327,410.81, acquired as founder stock on 10/01/2011.

How many shares outstanding does the filing list for Applovin (APP)?

The filing lists 307,636,373 shares outstanding.

Were there recent related-party sales disclosed in the Form 144?

Yes. Multiple sales are listed in the past three months, including a 100,000-share sale and several ~10,429-share block sales dated 08/20/2025.

Who is the broker named for the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

Was payment for the founder shares made in cash?

Yes. The acquisition table shows payment as Cash and the date of payment as 10/01/2011.