AppLovin (APP) CEO uses 2,730 shares to cover RSU taxes
Rhea-AI Filing Summary
AppLovin Corp (APP) reported that CEO, director and ten percent owner Arash Adam Foroughi had 2,730 shares of Class A common stock withheld on 2026-08-20 to satisfy income tax and withholding obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs"). This is characterized as a tax-withholding disposition, not a sale of shares by the reporting person, at a reference price of $308.77 per share. Following this withholding, Foroughi directly holds 2,324,954 Class A shares, some of which are represented by RSUs, and additional shares are held indirectly in family trusts for which he disclaims beneficial ownership.
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Insights
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Insider Trade Summary
Net Seller: 2,730 shares
Net Sell
4 txns
Insider
Foroughi Arash Adam
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 2,730 | $308.77 | $843K |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,324,954 shares (Direct);
Class A Common Stock — 5,273,222 shares (Indirect, See footnote)
Footnotes (5)
- F1. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
- F2. Certain of these securities are represented by RSUs.
- F3. Shares are held by The JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F4. Shares are held by The WHK Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F5. Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares withheld for tax obligations: 2,730 shares of Class A Common Stock
Reference price per share: $308.77 per share
Direct Class A shares after transaction: 2,324,954 shares
+2 more
5 metrics
Shares withheld for tax obligations
2,730 shares of Class A Common Stock
Withheld on 2026-08-20 to satisfy income tax and withholding obligations upon RSU vesting and net settlement
Reference price per share
$308.77 per share
Price used for the 2,730-share tax-withholding disposition on 2026-08-20
Direct Class A shares after transaction
2,324,954 shares
Direct holdings of Arash Adam Foroughi following the 2026-08-20 tax-withholding transaction
Exercise price or tax liability transactions count
1 transaction
Number of code F transactions reported in this Form 4
Shares involved in exercise price or tax liability transactions
2,730 shares
Total shares used to satisfy income tax and withholding obligations in the reported code F transaction
Key Terms
Restricted Stock Units ("RSUs"), beneficial ownership, net settlement, Section 16, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
net settlement financial
"in connection with the vesting and net settlement of previously reported Restricted Stock Units"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
tax-withholding disposition financial
"represents shares that have been withheld by the Issuer to satisfy its income tax"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did APP report for Arash Adam Foroughi on August 20, 2026?
APP reported that Arash Adam Foroughi had 2,730 Class A shares withheld on 2026-08-20 to satisfy income tax and withholding obligations related to vesting and net settlement of previously reported RSUs. The filing states this is not a sale of shares by the reporting person.
Was the APP insider transaction a sale by Arash Adam Foroughi?
No. A footnote states this transaction is not a sale of shares by the reporting person. It represents shares withheld by AppLovin Corp to satisfy income tax and withholding and remittance obligations tied to vested and net-settled RSUs.
Is the APP Form 4 transaction reported under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false). The filing does not state that the August 20, 2026 tax-withholding disposition was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
