AppLovin (APP) CEO details RSU tax-withholding and trust-held shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AppLovin Corp CEO Arash Adam Foroughi reported a routine tax-related share withholding tied to RSU vesting. On May 20, 2026, 2,730 Class A shares were withheld by the company at $482.28 per share to cover income tax obligations from previously reported Restricted Stock Units.
After this tax-withholding disposition, Foroughi directly held 2,427,684 Class A shares. The filing also lists indirect holdings in trusts for the benefit of his children, including The JAF Children's Trust, The WHK Trust, and The OD Trust, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Foroughi Arash Adam
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,730 | $482.28 | $1.32M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,427,684 shares (Direct, null);
Class A Common Stock — 2,983,017 shares (Indirect, See footnote);
Class A Common stock — 780,519 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 JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares are held by The WHK Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Key Figures
Tax-withheld shares: 2,730 shares
Withholding price: $482.28/share
Direct holdings after transaction: 2,427,684 shares
+3 more
6 metrics
Tax-withheld shares
2,730 shares
Class A Common Stock withheld for taxes on RSU vesting
Withholding price
$482.28/share
Price per share for RSU-related tax withholding
Direct holdings after transaction
2,427,684 shares
Class A Common Stock directly held after May 20, 2026
JAF Children's Trust holdings
780,519 shares
Class A Common stock indirectly held; beneficial ownership disclaimed
WHK Trust holdings
1,530,519 shares
Class A Common Stock indirectly held; beneficial ownership disclaimed
OD Trust holdings
2,983,017 shares
Class A Common Stock indirectly held; beneficial ownership disclaimed
Key Terms
Restricted Stock Units ("RSUs"), withheld by the Issuer, beneficial ownership, Section 16
4 terms
Restricted Stock Units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs")."
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.
withheld by the Issuer financial
"represents shares that have been withheld by the Issuer to satisfy its income tax and withholding"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these shares for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did AppLovin (APP) CEO Arash Foroughi report in this Form 4?
He reported a tax-related share withholding, not an open-market sale. 2,730 Class A shares were withheld by AppLovin to cover taxes on previously vested RSUs at $482.28 per share.
What indirect AppLovin (APP) holdings are shown in the CEO’s Form 4?
The report lists indirect holdings through The JAF Children's Trust, The WHK Trust, and The OD Trust. These trusts hold AppLovin Class A shares for his children’s benefit, and he disclaims beneficial ownership of those shares.
What are RSUs mentioned in the AppLovin (APP) CEO’s Form 4?
RSUs, or Restricted Stock Units, are share-based compensation that vest over time. When Foroughi’s previously reported RSUs vested, AppLovin withheld 2,730 shares to cover related income tax and withholding obligations.