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.
FAQ
What does the Form 144 for APP disclose?
Were there any recent sales by the same person?
Does the filing state any undisclosed material information?
On which exchange will the proposed sale occur?