AppLovin (NASDAQ: APP) director receives 525 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morgenfeld Todd R reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Todd R. Morgenfeld received an equity grant of 525 Class A restricted stock units (RSUs). The RSUs were awarded at a price of $0.0000 per share as director compensation rather than an open-market purchase.
Each RSU represents a contingent right to one share of Class A Common Stock. All RSUs vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting, if he continues as an Outside Director and Service Provider through that date. Following this grant, Morgenfeld holds 14,312 Class A shares, including amounts represented by RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morgenfeld Todd R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 14,312 shares (Direct, null)
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs shall vest on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date. Certain of these securities are represented by RSUs.
Key Figures
RSU grant size: 525 RSUs
Grant price per share: $0.0000 per share
Total holdings after grant: 14,312 shares
+1 more
4 metrics
RSU grant size
525 RSUs
Class A Common Stock award to director on 2026-06-03
Grant price per share
$0.0000 per share
Equity award, not open-market purchase
Total holdings after grant
14,312 shares
Class A Common Stock directly held following the RSU award
Vesting trigger
100% cliff vesting
Earlier of one-year after grant or day before next Annual Meeting
Key Terms
restricted stock units ("RSUs"), contingent right, Annual Meeting, Service Provider, +1 more
5 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock"
Annual Meeting financial
"vest on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Service Provider financial
"subject to the Outside Director continuing to be a Service Provider through the applicable vesting date"
Outside Director financial
"subject to the Outside Director continuing to be a Service Provider through the applicable vesting date"
FAQ
What did AppLovin (APP) director Todd Morgenfeld receive in this Form 4?
Todd R. Morgenfeld received 525 restricted stock units tied to AppLovin Class A Common Stock. These RSUs are a stock-based compensation grant, not an open-market share purchase, and increase his reported holdings to 14,312 Class A shares including RSU-represented amounts.
How do Todd Morgenfeld’s AppLovin (APP) RSUs vest according to this filing?
The 525 RSUs vest 100% on the earlier of one year after the annual award grant date or the day before the next Annual Meeting. Vesting requires he remain an Outside Director and Service Provider through the applicable vesting date.
What does each AppLovin (APP) RSU represent in Todd Morgenfeld’s grant?
Each restricted stock unit represents a contingent right to receive one share of AppLovin Class A Common Stock. Delivery of the underlying shares occurs only if the vesting conditions are satisfied, including continued service as an Outside Director through the vesting date.