AppLovin (APP) CLO reports RSU tax share withholding
Rhea-AI Filing Summary
AppLovin Corp (APP) reported an insider equity event involving Chief Legal Officer Corina I. Cacovean1,540 shares of Class A Common Stock were withheld by AppLovin 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); this is explicitly stated not to be a sale of shares by the reporting person. Following this tax-withholding disposition, Cacovean directly holds 4,787 shares of AppLovin common stock, certain of which are represented by RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,540 shares
Net Sell
1 txn
Insider
Cacovean Corina I
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 1,540 | $308.77 | $476K |
Holdings After Transaction:
Class A Common Stock — 4,787 shares (Direct)
Footnotes (2)
- F1. 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").
- F2. Certain of these securities are represented by RSUs.
Key Figures
Shares withheld for taxes: 1,540 shares
Reference price per share: $308.77 per share
Shares owned after transaction: 4,787 shares
3 metrics
Shares withheld for taxes
1,540 shares
Class A Common Stock withheld on 2026-08-20 to satisfy tax and withholding obligations on RSU vesting
Reference price per share
$308.77 per share
Price associated with the 1,540 withheld shares reported in the Form 4
Shares owned after transaction
4,787 shares
Direct holdings of Corina I. Cacovean following the tax-withholding disposition; certain represented by RSUs
Key Terms
Restricted Stock Units ("RSUs"), net settlement, withheld by the Issuer, payment of tax liability by delivering or withholding securities
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.
net settlement financial
"to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement"
withheld by the Issuer financial
"this represents shares that have been withheld by the Issuer to satisfy its income tax"
payment of tax liability by delivering or withholding securities financial
"transaction code description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did AppLovin (APP) disclose for Corina I. Cacovean?
AppLovin disclosed that on 2026-08-20, 1,540 shares of Class A Common Stock were withheld to cover tax and withholding obligations related to the vesting and net settlement of previously reported RSUs for Chief Legal Officer Corina I. Cacovean.
Was the August 20, 2026 AppLovin (APP) Form 4 a sale by the insider?
No. The filing states that the Form 4 transaction is not a sale of shares by Corina I. Cacovean. It represents shares withheld by AppLovin to satisfy income tax, withholding and remittance obligations tied to RSU vesting.
What are Corina I. Cacovean’s AppLovin (APP) holdings after this transaction?
After the tax-withholding disposition, Chief Legal Officer Corina I. Cacovean directly holds 4,787 shares of AppLovin Class A Common Stock. The Form 4 notes that certain of these securities are represented by RSUs.
What transaction code and purpose were reported in this AppLovin (APP) Form 4?
The transaction used code F, described as payment of tax liability by delivering or withholding securities. It reflects shares withheld in connection with the vesting and net settlement of previously reported Restricted Stock Units, not an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.