Director Webb Jr. gifts AppLovin (APP) shares via Webb Investment Network
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AppLovin Corp director Maynard G. Webb Jr. reported indirect bona fide gifts of Class A Common Stock by Webb Investment Network, an entity wholly owned by him and his spouse. The gifts totaled 295 shares on March 2, 2026, and 75 shares on March 4, 2026. Following these transactions, indirect holdings reported were 147,516 shares, and direct holdings reported were 2,595 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
370 shares gifted
Mixed
3 txns
Insider
WEBB MAYNARD G JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 75 | $0.00 | -- |
| Gift | Class A Common Stock | 295 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 147,516 shares (Indirect, See footnote);
Class A Common Stock — 2,595 shares (Direct)
Footnotes (1)
- Shares are held by Webb Investment Network, an entity wholly owned by the Reporting Person and the Reporting Person's spouse. Certain of these securities are represented by Restricted Stock Units ("RSUs").
FAQ
What insider transactions did AppLovin (APP) director Maynard G. Webb Jr. report?
He reported two bona fide gift transfers of AppLovin Class A Common Stock. Webb Investment Network gifted 295 shares on March 2, 2026, and 75 shares on March 4, 2026. These were indirect, no‑price transactions classified as charitable or personal gifts.
Were the AppLovin (APP) insider transactions open-market sales or purchases?
No. The reported transactions are coded “G” for bona fide gifts, with a per‑share price of $0.0000. They represent non‑market, no‑consideration transfers of Class A Common Stock, rather than traditional open‑market buying or selling activity.
Do any of the reported AppLovin (APP) holdings involve restricted stock units (RSUs)?
Yes. A footnote states that certain of the reported securities are represented by Restricted Stock Units (RSUs). This means part of the disclosed ownership consists of RSU awards that convert into Class A Common Stock under their vesting terms.