AppLovin (NASDAQ: APP) CEO trims holdings with 29,457-share sale
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 29,457 shares ($14,605,504)
Net Sell
30 txns
Insider
Foroughi Arash Adam
Role
CEO
Sold
29,457 shs ($14.61M)
| 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 | -- |
| 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 |
Holdings After Transaction:
Class A Common Stock — 2,410,097 shares (Direct, null);
Class A Common Stock — 2,982,069 shares (Indirect, See footnote)
Footnotes (1)
- Certain of these securities are represented by Restricted Stock Units ("RSUs"). 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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
Shares sold: 29,457 shares
Gifted shares: 16,667 shares
Direct holdings after trades: 2,402,393 shares
+3 more
6 metrics
Shares sold
29,457 shares
Net open-market sales reported for June 10–11
Gifted shares
16,667 shares
Bona fide gift of Class A common stock
Direct holdings after trades
2,402,393 shares
CEO’s direct Class A stake following reported transactions
Indirect trust holdings
2,982,069 shares
Class A shares held by The JAF Children's Trust
Highest reported sale price
$516.65 per share
Upper end of price ranges cited in sale footnotes
Lowest reported sale price
$472.95 per share
Lower end of price ranges cited in sale footnotes
Key Terms
Restricted Stock Units ("RSUs"), weighted average sale price, bona fide gift, beneficial ownership, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Certain of these securities are represented by 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.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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
"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 insider transactions did AppLovin (APP) CEO report on June 10–11?
AppLovin’s CEO reported selling 29,457 Class A shares and gifting 16,667 shares. The sales were open-market trades over June 10–11, while the gift was a bona fide transfer of shares recorded at $0.00 per share.
What is the significance of The JAF Children’s Trust in the AppLovin (APP) filing?
The JAF Children’s Trust holds 2,982,069 AppLovin Class A shares for the CEO’s children. The filing states the CEO disclaims beneficial ownership of these shares, and that the report does not admit he is their beneficial owner for Section 16 purposes.
Were the AppLovin (APP) CEO’s reported sales open-market transactions?
Yes, the filing classifies the CEO’s 29,457 shares sold as open-market sales. Each transaction is coded "S" with the description "Sale in open market or private transaction," and prices are provided as weighted averages across multiple executed trades.