AppLovin CTO RSU tax-withholding transaction
AppLovin Corp’s Chief Technology Officer Vasily Shikin reported a routine tax-withholding event related to restricted stock units.
Rhea-AI Filing Summary
AppLovin Corp’s Chief Technology Officer Vasily Shikin reported a routine tax-withholding event related to restricted stock units. The issuer withheld 2,730 shares of Class A common stock at $482.28 per share to cover income tax obligations upon RSU vesting, rather than an open-market sale. Following this, Shikin directly holds 3,252,543 Class A shares, with additional indirect holdings through family trusts, including positions of 26,917 and 425,450 shares held for his children and immediate family members.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,730 | $482.28 | $1.32M |
| holding | Class A Class Common | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Indirect | -- | -- | -- |
Footnotes (6)
- 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 Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children.
- F4. Shares are held by ES48 Holdings Trust for the benefit of the Reporting Person's immediate family members.
- F5. Shares are held by IK50 Holdings Trust for the benefit of the Reporting Person's immediate family members.
- F6. Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
tax-withholding disposition financial
Irrevocable GST Trust financial
withheld by the Issuer financial
indirect ownership financial
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What insider transaction did AppLovin (APP) report for Vasily Shikin?
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