AppLovin CEO sells 29K shares, gifts 16K shares
AppLovin Corp CEO Arash Adam Foroughi reported net sales of 29,457 shares of Class A common stock in open-market transactions on June 10–11, with reported sale prices between about $472.95 and $516.65 per share.
Rhea-AI Filing Summary
AppLovin Corp CEO Arash Adam Foroughi reported net sales of 29,457 shares of Class A common stock in open-market transactions on June 10–11, with reported sale prices between about $472.95 and $516.65 per share. The filing also shows a bona fide gift of 16,667 shares of Class A stock, recorded at $0.00 per share.
After these transactions, Foroughi directly holds 2,402,393 Class A shares. In addition, 2,982,069 Class A shares are held indirectly by The JAF Children's Trust for the benefit of his children, and he disclaims beneficial ownership of those trust-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 920 | $473.55 | $436K |
| Sale | Class A Common Stock | 1,433 | $474.45 | $680K |
| Sale | Class A Common Stock | 1,647 | $475.51 | $783K |
| Sale | Class A Common Stock | 1,280 | $476.53 | $610K |
| Sale | Class A Common Stock | 1,330 | $477.56 | $635K |
| Sale | Class A Common Stock | 2,014 | $478.52 | $964K |
| Gift | Class A Common Stock | 16,667 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 948 | $493.11 | $467K |
| Sale | Class A Common Stock | 360 | $494.84 | $178K |
| Sale | Class A Common Stock | 920 | $496.22 | $457K |
| Sale | Class A Common Stock | 1,080 | $497.19 | $537K |
| Sale | Class A Common Stock | 1,220 | $498.27 | $608K |
| Sale | Class A Common Stock | 1,200 | $499.28 | $599K |
| Sale | Class A Common Stock | 2,159 | $500.24 | $1.08M |
| Sale | Class A Common Stock | 1,530 | $501.22 | $767K |
| Sale | Class A Common Stock | 1,080 | $502.35 | $543K |
| Sale | Class A Common Stock | 413 | $503.33 | $208K |
| Sale | Class A Common Stock | 642 | $504.39 | $324K |
| Sale | Class A Common Stock | 920 | $505.40 | $465K |
| Sale | Class A Common Stock | 1,080 | $506.46 | $547K |
| Sale | Class A Common Stock | 1,569 | $507.63 | $796K |
| Sale | Class A Common Stock | 1,072 | $508.63 | $545K |
| Sale | Class A Common Stock | 520 | $509.44 | $265K |
| Sale | Class A Common Stock | 880 | $510.70 | $449K |
| Sale | Class A Common Stock | 1,080 | $511.56 | $552K |
| Sale | Class A Common Stock | 600 | $512.69 | $308K |
| Sale | Class A Common Stock | 720 | $513.51 | $370K |
| Sale | Class A Common Stock | 440 | $514.71 | $226K |
| Sale | Class A Common Stock | 320 | $515.88 | $165K |
| Sale | Class A Common Stock | 80 | $516.51 | $41K |
Footnotes (31)
- F1. Certain of these securities are represented by Restricted Stock Units ("RSUs").
- F10. The sales were executed in multiple trades at prices ranging from $500.76 to $501.69. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F11. The sales were executed in multiple trades at prices ranging from $501.80 to $502.73. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F12. The sales were executed in multiple trades at prices ranging from $502.86 to $503.85. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F13. The sales were executed in multiple trades at prices ranging from $503.95 to $504.91. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F14. The sales were executed in multiple trades at prices ranging from $505.00 to $505.80. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F15. The sales were executed in multiple trades at prices ranging from $506.01 to $506.93. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F16. The sales were executed in multiple trades at prices ranging from $507.04 to $508.00. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F17. The sales were executed in multiple trades at prices ranging from $508.05 to $509.04. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F18. The sales were executed in multiple trades at prices ranging from $509.06 to $509.85. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F19. The sales were executed in multiple trades at prices ranging from $510.15 to $511.12. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F2. The sales were executed in multiple trades at prices ranging from $492.85 to $493.64. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F20. The sales were executed in multiple trades at prices ranging from $511.15 to $512.13. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F21. The sales were executed in multiple trades at prices ranging from $512.19 to $513.07. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F22. The sales were executed in multiple trades at prices ranging from $513.20 to $514.17. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F23. The sales were executed in multiple trades at prices ranging from $514.23 to $515.22. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F24. The sales were executed in multiple trades at prices ranging from $515.33 to $516.29. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F25. The sales were executed in multiple trades at prices ranging from $516.37 to $516.65. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F26. The sales were executed in multiple trades at prices ranging from $472.95 to $473.91. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F27. The sales were executed in multiple trades at prices ranging from $473.98 to $474.95. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F28. The sales were executed in multiple trades at prices ranging from $475.00 to $475.96. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F29. The sales were executed in multiple trades at prices ranging from $476.01 to $476.98. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F3. 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.
- F30. The sales were executed in multiple trades at prices ranging from $477.01 to $478.00. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F31. The sales were executed in multiple trades at prices ranging from $478.07 to $479.06. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F4. The sales were executed in multiple trades at prices ranging from $494.21 to $495.19. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F5. The sales were executed in multiple trades at prices ranging from $495.72 to $496.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F6. The sales were executed in multiple trades at prices ranging from $496.73 to $497.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F7. The sales were executed in multiple trades at prices ranging from $497.74 to $498.70. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F8. The sales were executed in multiple trades at prices ranging from $498.75 to $499.74. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F9. The sales were executed in multiple trades at prices ranging from $499.75 to $500.74. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
weighted average sale price financial
bona fide gift financial
beneficial ownership financial
Section 16 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AppLovin (APP) CEO report on June 10–11?
What is the significance of The JAF Children’s Trust in the AppLovin (APP) filing?
Were the AppLovin (APP) CEO’s reported sales open-market transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.