AppLovin (APP) director granted 525 RSUs, holds direct and indirect shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Georgiadis Mary Margaret Hastings reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Mary Margaret Georgiadis received an equity grant of 525 restricted stock units (RSUs) of Class A Common Stock. The RSUs vest 100% on the earlier of one year from the grant date or the day before the next annual meeting, if she continues as an outside director. After this grant, she holds 36,710 Class A shares directly, and 154,500 shares are held indirectly through Blue Sage Partners, LLC, where she and her spouse share voting and dispositive power. The award is compensation-related and was not an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Georgiadis Mary Margaret Hastings
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 525 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 36,710 shares (Direct, null);
Class A Common Stock — 154,500 shares (Indirect, See footnote)
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs shall vest on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date. Certain of these securities are represented by RSUs. Shares are held by Blue Sage Partners, LLC, for which the Reporting Person and her spouse share voting and dispositive power.
Key Figures
RSU grant size: 525 RSUs
Grant price per share: $0.0000 per share
Direct holdings after grant: 36,710 shares
+1 more
4 metrics
RSU grant size
525 RSUs
Class A Common Stock award to outside director
Grant price per share
$0.0000 per share
Restricted stock unit award, no cash paid by director
Direct holdings after grant
36,710 shares
Class A Common Stock held directly following RSU award
Indirect holdings
154,500 shares
Class A shares held by Blue Sage Partners, LLC
Key Terms
restricted stock units ("RSUs"), contingent right, Service Provider, voting and dispositive power
4 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Service Provider financial
"subject to the Outside Director continuing to be a Service Provider through the applicable vesting date."
voting and dispositive power financial
"Shares are held by Blue Sage Partners, LLC, for which the Reporting Person and her spouse share voting and dispositive power."
FAQ
What insider transaction did AppLovin (APP) report for Mary Margaret Georgiadis?
AppLovin reported that director Mary Margaret Georgiadis received a grant of 525 restricted stock units of Class A Common Stock as compensation, not through an open-market purchase. These RSUs convert into shares when they vest, subject to her continued board service.
How do the new RSUs granted to the AppLovin (APP) director vest?
The 525 RSUs granted to the AppLovin director vest 100% on the earlier of one year after the annual award grant date or the day before the next annual shareholders meeting. Vesting requires that she continue serving as an outside director through the applicable vesting date.
What indirect AppLovin (APP) holdings are associated with Mary Margaret Georgiadis?
An additional 154,500 AppLovin Class A shares are held by Blue Sage Partners, LLC. Mary Margaret Georgiadis and her spouse share voting and dispositive power over these indirectly held shares through the LLC, as disclosed in the Form 4 footnotes.
Was the AppLovin (APP) director’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant of 525 restricted stock units as compensation, not an open-market buy or sell. The transaction code “A” indicates a grant, award, or other acquisition rather than a purchase on the stock market or a sale of existing shares.