Applovin (APP) Form 144: 15,000 RSU Shares Planned Sale on NASDAQ
Rhea-AI Filing Summary
Applovin Corporation (APP) Form 144 notice: The filer notifies a proposed sale of 15,000 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $6,625,200.00 and the issuer’s outstanding shares listed as 307,636,373. The shares were acquired as restricted stock units (RSUs) on 11/20/2023. The filing also discloses a recent 10b5-1 sale by Victoria Valenzuela of 16,599 shares on 08/21/2025 for gross proceeds of $6,917,035.69. The filer affirms they are not aware of any undisclosed material adverse information and references reliance on Rule 10b5-1 trading plan language where applicable.
Positive
- Sale executed through Morgan Stanley Smith Barney with explicit Rule 10b5-1 reference, indicating adherence to trading-plan compliance
Negative
- None.
Insights
TL;DR: Routine insider sale of RSU shares; size is small relative to total shares outstanding and appears procedural.
The notice reports a planned sale of 15,000 RSU-derived shares valued at $6.63 million, executed via a broker on NASDAQ. Relative to 307.6 million shares outstanding, the transaction is immaterial to capitalization. The filing also records a proximate 10b5-1 executed sale of 16,599 shares generating $6.92 million, consistent with a prearranged trading plan. For investors, these are disclosure items rather than indicators of operational change.
TL;DR: Disclosure follows Rule 144 and cites 10b5-1 compliance; includes required representations about material nonpublic information.
The form provides the acquisition history (RSUs granted 11/20/2023) and confirms broker involvement. The separate listing of a 10b5-1 sale offers compliance transparency. The signer represents no undisclosed material adverse information, and the form warns about criminal penalties for misstatements. From a compliance perspective, the filing meets standard disclosure expectations for insider dispositions.