Applovin (APP) Form 144 Shows 775-Share Sale and Large Recent Trust Sales

Rhea-AI Filing Summary

Applovin Corporation (APP) filed a Form 144 reporting a proposed sale of 775 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $327,017.14 and an approximate sale date of 08/21/2025. The filer acquired the shares as founder stock on 10/01/2011 and paid in cash. The filing also lists multiple related-party or affiliated sales during the past three months, including a 100,000-share sale on 05/21/2025 generating $36,751,590 and several 10,429-share sales on 08/20/2025 each generating roughly $4.2 million. The notice includes the required representation that the seller is unaware of undisclosed material adverse information.

Positive

• Required disclosure provided: The filer identified the broker, number of shares, aggregate market value, acquisition date, and origin of the shares (founder stock).
• Recent sales listed: The form documents recent related-party and affiliate sales in the prior three months, increasing transparency for investors.

Negative

• Significant insider-affiliated sales: A 100,000-share sale on 05/21/2025 generated $36,751,590, indicating substantial insider liquidity.
• Multiple large disposals: Several 10,429-share sales on 08/20/2025 each produced roughly $4.2 million, which may materially increase available float.

Insights

Financial Analyst

TL;DR: Multiple large insider-related sales reported; transparency is present but share disposals are sizable relative to single-trade values.

The filing documents a proposed sale of 775 shares valued at $327,017.14 and discloses substantial related sales in the prior three months, including a 100,000-share sale for $36,751,590 and several 10,429-share transactions each generating about $4.2 million. From a market-impact perspective, the aggregate recent dispositions shown are material in absolute dollar terms and represent meaningful insider liquidity. This level of sales can increase available float and may be viewed by investors as important context for near-term supply dynamics.

Corporate Governance Expert

TL;DR: The filing meets Rule 144 disclosure requirements; large affiliated dispositions warrant governance attention.

The Form 144 provides required information about the securities to be sold, origin of the shares (founder stock dated 10/01/2011), the broker, and recent sales by named trusts and entities. The presence of multiple trust and entity sales and a notable 100,000-share sale underscores the importance of board-level awareness of insider liquidity events and any related lock-up or trading-plan arrangements. The registrant representation that no undisclosed material adverse information exists is included as required.

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	775	327017.14	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			775	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 the Form 144 for Applovin Corporation (APP) report?

The form reports a proposed sale of 775 common shares through Morgan Stanley Smith Barney LLC on NASDAQ with aggregate market value $327,017.14 and approximate sale date 08/21/2025.

Who acquired the shares and how were they acquired?

The 775 shares were acquired as founder stock on 10/01/2011 and the payment method listed is cash.

Were there other related sales recently disclosed?

Yes. The filing lists multiple sales in the past three months including a 100,000-share sale on 05/21/2025 for $36,751,590 and several sales on 08/20/2025 of 10,429 shares each for ~ $4.2 million each.

Which broker is handling the proposed sale?

Morgan Stanley Smith Barney LLC Executive Financial Services (1 New York Plaza 8th Floor New York NY 10004) is named as the broker.

What statement does the filer make about material information?

The filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.