AppLovin (APP) accounting officer reports RSU tax withholding of 348 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AppLovin Corp Principal Accounting Officer Dmitriy Dorosh reported a tax-related share withholding tied to vested restricted stock units. On this Form 4, the issuer withheld 348 shares of Class A common stock at $418.68 per share to cover income tax obligations. After this withholding, Dorosh directly holds 114,624 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dorosh Dmitriy
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 348 | $418.68 | $146K |
Holdings After Transaction:
Class A Common Stock — 114,624 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did AppLovin (APP) report for Dmitriy Dorosh?
AppLovin reported a tax-withholding disposition for Principal Accounting Officer Dmitriy Dorosh. The company withheld 348 Class A shares upon RSU vesting to satisfy income tax and withholding obligations, rather than Dorosh selling shares in an open-market transaction.
What does transaction code “F” mean in the AppLovin (APP) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this AppLovin Form 4, it reflects shares withheld by the issuer to cover tax obligations related to the vesting and net settlement of restricted stock units.