AppLovin (APP) officer sees 2,730 shares withheld for RSU tax obligations

Rhea-AI Filing Summary

AppLovin Corp chief administrative and legal officer and corporate secretary Victoria Valenzuela reported a routine tax-related share disposition. On the RSU vesting date, 2,730 shares of Class A Common Stock were withheld by the company at $482.28 per share to cover income tax and withholding obligations, rather than being sold in the market. After this net settlement of previously reported RSUs, she directly holds 263,961 shares, which include 44 shares acquired under the AppLovin Corporation 2021 Employee Stock Purchase Plan on May 20, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Valenzuela Victoria

Role CALO & Corp. Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	2,730	$482.28	$1.32M

Holdings After Transaction: Class A Common Stock — 263,961 shares (Direct, null)

Footnotes (1)

1. 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"). Certain of these securities are represented by RSUs. Includes 44 shares acquired under the AppLovin Corporation 2021 Employee Stock Purchase Plan on May 20, 2026.

Key Figures

Tax-withheld shares: 2,730 shares Tax withholding reference price: $482.28 per share Post-transaction holdings: 263,961 shares +1 more

4 metrics

Tax-withheld shares 2,730 shares Shares withheld to satisfy tax obligations on RSU vesting

Tax withholding reference price $482.28 per share Price applied to the 2,730 withheld shares

Post-transaction holdings 263,961 shares Direct Class A Common Stock holdings after transaction

ESPP shares acquired 44 shares Shares acquired under 2021 Employee Stock Purchase Plan on May 20, 2026

Key Terms

Restricted Stock Units ("RSUs"), net settlement, Employee Stock Purchase Plan, tax-withholding disposition

4 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.

net settlement financial

"in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs")."

Employee Stock Purchase Plan financial

"Includes 44 shares acquired under the AppLovin Corporation 2021 Employee Stock Purchase Plan on May 20, 2026."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Valenzuela Victoria

(Last) (First) (Middle)

1100 PAGE MILL ROAD

(Street)

PALO ALTO CALIFORNIA 94304

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AppLovin Corp [ APP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CALO & Corp. Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/20/2026		F		2,730(1)	D	$482.28	263,961(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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").

2. Certain of these securities are represented by RSUs.

3. Includes 44 shares acquired under the AppLovin Corporation 2021 Employee Stock Purchase Plan on May 20, 2026.

Remarks:

	/s/ Gordon Grafft, Attorney-in-fact	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AppLovin (APP) report for Victoria Valenzuela?

AppLovin reported that officer Victoria Valenzuela had 2,730 Class A shares withheld to cover taxes on vested RSUs. This was a non-market, tax-withholding disposition rather than an open-market sale, and reflects routine settlement of equity compensation.

Was the AppLovin (APP) Form 4 transaction an open-market stock sale?

No, the Form 4 states the transaction was not a sale by the reporting person. The 2,730 shares were withheld by AppLovin to satisfy income tax and withholding obligations tied to the vesting and net settlement of previously reported RSUs.

How many AppLovin (APP) shares were involved in the tax withholding event?

The Form 4 shows 2,730 shares of AppLovin Class A Common Stock were withheld. These shares covered the reporting person’s tax and withholding obligations arising from the vesting of restricted stock units, rather than being sold on the open market.

What are Victoria Valenzuela’s AppLovin (APP) holdings after this Form 4 transaction?

Following the tax-withholding disposition, the filing reports that Victoria Valenzuela directly owns 263,961 shares of Class A Common Stock. This figure includes 44 shares acquired through the AppLovin Corporation 2021 Employee Stock Purchase Plan on May 20, 2026.

What role did RSUs play in this AppLovin (APP) insider filing?

The filing explains the transaction resulted from the vesting and net settlement of previously reported restricted stock units. Shares were withheld by AppLovin to satisfy tax obligations associated with those RSUs, making it a compensation-related event rather than a discretionary stock trade.