AppLovin (APP) director granted 525 RSUs, total holdings now 4,232 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Billings Craig Scott reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Craig Scott Billings received an equity award of 525 shares of Class A Common Stock as a grant, not an open-market purchase. These shares are in the form of restricted stock units (RSUs), each representing the right to receive one share.
All of the RSUs vest on the earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting, as long as the outside director continues to serve through that date. After this grant, Billings directly holds 4,232 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Billings Craig Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,232 shares (Direct, null)
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.
Key Figures
RSU grant size: 525 shares
Grant price per share: $0.00 per share
Shares held after grant: 4,232 shares
3 metrics
RSU grant size
525 shares
Restricted stock units granted to director on June 3, 2026
Grant price per share
$0.00 per share
Equity award, not an open-market purchase
Shares held after grant
4,232 shares
Total Class A Common Stock directly held following the transaction
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, Annual Meeting, Service Provider
4 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.
Annual Meeting financial
"shall vest on the earlier of (i) the one-year anniversary ... or (ii) the day prior to the date of the Annual Meeting next following"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Service Provider financial
"subject to the Outside Director continuing to be a Service Provider through the applicable vesting date."
FAQ
What insider transaction did AppLovin (APP) report for Craig Scott Billings?
AppLovin reported that director Craig Scott Billings received a grant of 525 restricted stock units, each tied to one share of Class A Common Stock. This is a compensation-related equity award, not an open-market stock purchase or sale.
What are the vesting terms of Craig Scott Billings’ RSU award at AppLovin (APP)?
The RSUs vest 100% on the earlier of one year from the annual award grant date or the day before the next Annual Meeting. Vesting requires Billings to continue as an outside director and service provider through the applicable vesting date.
Is Craig Scott Billings’ AppLovin (APP) RSU grant an open-market purchase?
No. The 525 units are a restricted stock unit grant with a reported price of $0.00 per share, meaning it is an award of equity compensation. It does not reflect an open-market buy or sell transaction in AppLovin stock.
What does each RSU in Craig Scott Billings’ AppLovin (APP) grant represent?
Each restricted stock unit represents a contingent right to receive one share of AppLovin Class A Common Stock. The shares are only delivered when the vesting conditions are met, based on service through the specified vesting date.