AppLovin director receives 525-share stock award
Chen Herald Y reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chen Herald Y reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Herald Y. Chen received a grant of 525 restricted stock units (RSUs) of Class A Common Stock at no cost. These RSUs vest in full on the earlier of one year after the grant date or the day before the next annual shareholder meeting, assuming he continues as a service provider.
Following this grant, Chen directly holds 207,454 Class A shares. In addition, 140,000 shares are held by his spouse and 100,000 shares are held by The Chen Family 2012 Irrevocable Trust, for which he and his spouse serve as trustees, reflecting indirect ownership positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 525 shares
Grant/Award
3 txns
Insider
Chen Herald Y
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 525 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 207,454 shares (Direct);
Class A Common Stock — 240,000 shares (Indirect, See footnote)
Footnotes (4)
- 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 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.
- F2. Certain of these securities are represented by RSUs.
- F3. Shares are held by the Reporting Person's spouse.
- F4. Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees.
Key Figures
RSU grant size: 525 shares
Grant price: $0.0000 per share
Direct holdings after grant: 207,454 shares
+3 more
6 metrics
RSU grant size
525 shares
Class A Common Stock RSUs granted to director
Grant price
$0.0000 per share
Price for 525 RSUs of Class A Common Stock
Direct holdings after grant
207,454 shares
Class A Common Stock held directly by Herald Y. Chen
Spouse-held shares
140,000 shares
Class A Common Stock held by reporting person’s spouse
Family trust shares
100,000 shares
Class A Common Stock held by The Chen Family 2012 Irrevocable Trust
Acquire transactions
1 transaction
Grant, award, or other acquisition in this Form 4
Key Terms
restricted stock units ("RSUs"), Annual Meeting, Service Provider, Irrevocable Trust
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.
Annual Meeting financial
"the day prior to the date of the Annual Meeting next following the date the Annual Award is granted"
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"
Irrevocable Trust financial
"The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AppLovin (APP) director Herald Y. Chen report in this Form 4?
He reported receiving 525 restricted stock units (RSUs) of AppLovin Class A Common Stock as a grant. The filing also updates his direct and indirect shareholdings, including shares held by his spouse and a family trust.
What are the vesting terms of Herald Y. Chen’s 525 RSUs in AppLovin (APP)?
The 525 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 Chen to continue as an outside director and service provider through the applicable vesting date.
Does this AppLovin (APP) Form 4 show an open-market stock purchase or sale?
No, the filing shows a compensation-related grant of 525 RSUs with a zero-dollar price per share. It does not report any open-market purchases or sales, only the award and updated direct and indirect ownership positions.
How are indirect AppLovin (APP) holdings attributed in Herald Y. Chen’s Form 4?
The filing notes 140,000 shares held by his spouse and 100,000 shares held by The Chen Family 2012 Irrevocable Trust. Chen and his spouse serve as trustees of the trust, so these positions are reported as indirect beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
