AppLovin director awarded 37 RSUs of Class A stock
WEBB MAYNARD G JR reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
WEBB MAYNARD G JR reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Maynard G. Webb Jr. received a grant of 37 restricted stock units (RSUs) for Class A common stock, which vested in full on the grant date. Each RSU represents one share, bringing his directly held Class A shares to 2,632. An additional 147,516 Class A shares are held indirectly through Webb Investment Network, an entity wholly owned by Webb and his spouse, and certain of those securities are also represented by RSUs.
Insider Trade Summary
Grant/Award: 37 shares
Grant/Award
2 txns
Insider
WEBB MAYNARD G JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 37 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,632 shares (Direct);
Class A Common Stock — 147,516 shares (Indirect, See footnote)
Footnotes (3)
- F1. 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 vested on the grant date.
- F2. Certain of these securities are represented by RSUs.
- F3. Shares are held by Webb Investment Network, an entity wholly owned by the Reporting Person and the Reporting Person's spouse.
Key Figures
RSUs granted: 37 RSUs
Direct holdings after transaction: 2,632 shares
Indirect holdings: 147,516 shares
+2 more
5 metrics
RSUs granted
37 RSUs
Restricted stock units of Class A common stock vested on grant date
Direct holdings after transaction
2,632 shares
Class A common stock held directly following RSU grant
Indirect holdings
147,516 shares
Class A common stock held indirectly through Webb Investment Network
RSU-to-share ratio
1 RSU = 1 share
Each RSU represents one share of Class A common stock
RSU vesting
100% on grant date
All granted RSUs vested immediately
Key Terms
restricted stock units ("RSUs"), Class A common stock, Webb Investment Network
3 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
Class A common stock financial
"Each RSU represents a contingent right to receive one share of Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Webb Investment Network financial
"Shares are held by Webb Investment Network, an entity wholly owned by the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did APP director Maynard G. Webb Jr. report?
Maynard G. Webb Jr. reported receiving a grant of 37 restricted stock units (RSUs) of AppLovin Class A common stock, with each RSU representing one share. All of these RSUs vested immediately on the grant date, increasing his directly held Class A share position.
What are the terms of the RSUs granted to the APP director?
The 37 restricted stock units (RSUs) each represent a contingent right to receive one share of AppLovin Class A common stock. According to the disclosure, 100% of these RSUs vested on the grant date, meaning the director immediately earned the underlying Class A shares.
What indirect AppLovin (APP) holdings are associated with Maynard G. Webb Jr.?
The filing reports 147,516 shares of AppLovin Class A common stock held indirectly, noted as “See footnote.” The footnote explains these shares are held by Webb Investment Network, an entity wholly owned by the director and his spouse, with certain securities represented by RSUs.
What is Webb Investment Network’s role in the APP Form 4 filing?
Webb Investment Network is identified as the holder of certain AppLovin Class A shares associated with Maynard G. Webb Jr. The entity is wholly owned by Webb and his spouse, and the filing notes that certain of the indirectly held securities are represented by restricted stock units (RSUs).
Were the AppLovin RSUs granted to Maynard G. Webb Jr. purchased on the open market?
No, the 37 AppLovin Class A RSUs were reported under a grant or award acquisition code, not as an open-market purchase. The RSUs were awarded at a stated price of $0.0000 per share and vested fully on the grant date according to the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates