AppLovin director disposes 20,910 APP shares
Vivas Eduardo reported open-market sale transactions in this Form 4 filing.
Rhea-AI Filing Summary
Vivas Eduardo reported open-market sale transactions in this Form 4 filing.
AppLovin Corp director Eduardo Vivas reported disposing of 20,910 shares of Class A common stock on March 13, 2026. The shares were contributed to an exchange-traded fund in exchange for an interest in that fund, and he no longer has voting control or investment authority over them. For this exchange, the stock was valued at $458.67 per share, matching the Nasdaq closing price that day. After the transaction, he beneficially owned about 7,112,382.249 shares as of March 13, 2026, some of which are represented by RSUs, and prior Form 4 filings after that date had overstated his holdings by these 20,910 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,910 | $458.67 | $9.59M |
Footnotes (3)
- F1. The reporting person contributed the Class A Common Stock to an exchange-traded-fund in exchange for an interest in the exchange-traded fund. The reporting person has no further voting control over the transferred shares, nor does he control the investment decisions of the exchange-traded fund. For purposes of determining the number of shares of the exchange-traded fund issuable pursuant to such exchange, the Class A Common Stock was valued at $458.67, which was the closing price of the Class A Common Stock on The Nasdaq Global Select Market on the date of the exchange.
- F2. Certain of these securities are represented by Restricted Stock Units ("RSUs").
- F3. The number of shares beneficially owned following the reported transaction is as of March 13, 2026. The number of shares beneficially owned by the Reporting Person as reported in Form 4 filings made after March 13, 2026 through the date of this Form 4 was overstated by the 20,910 shares disposed of pursuant to the reported transaction.
FAQ
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What insider transaction did AppLovin (APP) director Eduardo Vivas report?
Why did AppLovin (APP) note an overstatement of Eduardo Vivas’s prior reported holdings?
What type of security did Eduardo Vivas trade in this AppLovin (APP) Form 4?
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