AppLovin (APP) CTO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AppLovin Corp Chief Technology Officer Vasily Shikin reported a tax-related share withholding, not an open-market sale. On February 20, 2026, the company withheld 2,747 shares of Class A common stock at $418.68 per share to cover income tax obligations tied to vesting restricted stock units.
After this transaction, Shikin directly held 3,318,077 Class A shares. The filing also reports additional Class A shares held indirectly in several family trusts for the benefit of his children and immediate family members, including 425,450 shares in one trust and 35,889 shares in another.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Shikin Vasily
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,747 | $418.68 | $1.15M |
| holding | Class A Class Common | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,318,077 shares (Direct);
Class A Class Common — 425,450 shares (Indirect, See footnote);
Class A Common Stock — 35,889 shares (Indirect, See footnote)
Footnotes (1)
- This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs"). Certain of these securities are represented by RSUs. Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children. Shares are held by ES48 Holdings Trust for the benefit of the Reporting Person's immediate family members. Shares are held by IK50 Holdings Trust for the benefit of the Reporting Person's immediate family members. Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
FAQ
What did AppLovin (APP) CTO Vasily Shikin report in this Form 4?
AppLovin CTO Vasily Shikin reported a tax-related withholding of 2,747 Class A shares. The issuer withheld these shares to satisfy income tax obligations from vesting RSUs, rather than Shikin selling them on the open market.
Does the AppLovin (APP) filing show any indirect holdings for the CTO?
The filing reports indirect holdings of AppLovin Class A shares in several family trusts. These include 425,450 shares in one trust and 35,889 shares in another, held for the benefit of the CTO’s children and immediate family members.