Herald Y Chen Files Form 144 to Sell 200,000 Applovin Shares

Rhea-AI Filing Summary

Applovin Corporation disclosed a proposed insider sale of 200,000 common shares to be handled by Morgan Stanley Smith Barney LLC on NASDAQ. The filing reports an aggregate market value of $89,683,000 for the shares and shows 307,636,373 shares outstanding, providing the explicit size and market value of the transaction.

The securities were acquired by exercise of options under a registered plan and paid in cash on 08/13/2025. The filing also lists recent sales by the same person: 200,000 shares on 08/12/2025 (gross proceeds $92,938,480), 100,000 on 06/06/2025 ($41,990,390) and 400,000 on 05/14/2025 ($149,843,440).

The notice includes the seller's representation that they do not know material nonpublic information about the issuer.

Insights

Securities Analyst

TL;DR: Form 144 shows a registered-plan option exercise and a proposed sale of 200,000 Applovin common shares; several recent insider sales are also reported.

The filing documents a planned disposition of 200,000 common shares through Morgan Stanley and records the shares were acquired by exercising options under a registered plan and paid in cash on 08/13/2025. The notice also enumerates three prior sales by the same individual in May, June and August with stated gross proceeds. This is a routine insider reporting disclosure; the filing provides explicit transaction details without commentary on strategy or company performance.

Corporate Governance Expert

TL;DR: A standard Form 144 insider notice listing acquisition method, broker, sale plan and representation of no material nonpublic information.

The document contains the required representations and transaction details: broker identity, class of security, acquisition method (option exercise), payment type (cash) and recent sales by the same person. From a governance and disclosure perspective, the form meets procedural requirements by listing acquisition and sale details and the seller's attestation regarding material nonpublic information.

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	200000	89683000.00	307636373	08/13/2025	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	08/13/2025	Exercise of options under a registered plan	Issuer			200000	08/13/2025	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
HERALD Y CHEN 1100 Page Mill Road Palo Alto CA 94304	Common	08/12/2025	200000	92938480.00
HERALD Y CHEN 1100 Page Mill Road Palo Alto CA 94304	Common	06/06/2025	100000	41990390.00
HERALD Y CHEN 1100 Page Mill Road Palo Alto CA 94304	Common	05/14/2025	400000	149843440.00

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 did Applovin (APP) report on this Form 144?

The Form 144 discloses a proposed sale of 200,000 common shares to be handled by Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $89,683,000.

Who is the seller named in the filing for APP?

The seller named in the filing is Herald Y Chen (address listed in the filing).

How were the securities being sold acquired?

The securities were acquired by exercise of options under a registered plan and payment was made in cash on 08/13/2025.

What recent insider sales are disclosed for APP in the filing?

The filing lists recent sales by the same person: 200,000 shares on 08/12/2025 (gross proceeds $92,938,480), 100,000 on 06/06/2025 ($41,990,390) and 400,000 on 05/14/2025 ($149,843,440).

Which broker is handling the proposed sale for APP?

The proposed sale is to be handled by Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.