AppLovin (APP) CTO sells 5,685 shares via Rule 10b5-1 plan

Rhea-AI Filing Summary

AppLovin Corp Chief Technology Officer Vasily Shikin reported open‑market sales of 5,685 shares of Class A common stock on March 10, 2026. The shares, held indirectly through IK50 Holdings Trust for his immediate family members, were sold at prices ranging from about $477.60 to $512.69 under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 9, 2025, leaving 27,121 shares indirectly held after the transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shikin Vasily

(Last) (First) (Middle)

1100 PAGE MILL ROAD

(Street)

PALO ALTO CA 94304

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AppLovin Corp [ APP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/10/2026		S(1)		868	D	$478.11(2)	31,938	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		744	D	$479.07(4)	31,194	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		329	D	$479.97(5)	30,865	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		207	D	$481(6)	30,658	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		157	D	$482.04(7)	30,501	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		136	D	$482.99(8)	30,365	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		36	D	$484.35(9)	30,329	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		40	D	$485.17(10)	30,289	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		48	D	$487.18(11)	30,241	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		108	D	$488.83(12)	30,133	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		184	D	$489.74(13)	29,949	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		32	D	$490.52(14)	29,917	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		8	D	$491.38	29,909	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		232	D	$493.25(15)	29,677	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		248	D	$494.43(16)	29,429	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		456	D	$495.33(17)	28,973	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		320	D	$496.4(18)	28,653	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		96	D	$497.35(19)	28,557	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		40	D	$498.51(20)	28,517	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		120	D	$500.64(21)	28,397	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		160	D	$501.71(22)	28,237	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		84	D	$502.84(23)	28,153	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		52	D	$503.71(24)	28,101	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		12	D	$504.5	28,089	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		148	D	$506.47(25)	27,941	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		163	D	$507.74(26)	27,778	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		69	D	$508.82(27)	27,709	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		252	D	$510.2(28)	27,457	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		148	D	$511.28(29)	27,309	I	See footnote(3)
Class A Common Stock	03/10/2026		S(1)		188	D	$512.31(30)	27,121	I	See footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.

2. The sales were executed in multiple trades at prices ranging from $477.60 to $478.59. 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.

3. Shares are held by IK50 Holdings Trust for the benefit of the Reporting Person's immediate family members.

4. The sales were executed in multiple trades at prices ranging from $478.60 to $479.58. 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.

5. The sales were executed in multiple trades at prices ranging from $479.60 to $480.56. 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.

6. The sales were executed in multiple trades at prices ranging from $480.60 to $481.58. 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.

7. The sales were executed in multiple trades at prices ranging from $481.62 to $482.60. 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.

8. The sales were executed in multiple trades at prices ranging from $482.62 to $483.22. 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.

9. The sales were executed in multiple trades at prices ranging from $483.80 to $484.74. 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.

10. The sales were executed in multiple trades at prices ranging from $484.84 to $485.68. 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.

11. The sales were executed in multiple trades at prices ranging from $486.66 to $487.65. 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.

12. The sales were executed in multiple trades at prices ranging from $488.15 to $489.11. 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.

13. The sales were executed in multiple trades at prices ranging from $489.16 to $490.11. 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.

14. The sales were executed in multiple trades at prices ranging from $490.20 to $491.01. 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.

15. The sales were executed in multiple trades at prices ranging from $492.71 to $493.67. 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.

16. The sales were executed in multiple trades at prices ranging from $493.90 to $494.84. 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.

17. The sales were executed in multiple trades at prices ranging from $494.93 to $495.92. 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.

18. The sales were executed in multiple trades at prices ranging from $495.94 to $496.89. 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.

19. The sales were executed in multiple trades at prices ranging from $497.00 to $497.99. 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.

20. The sales were executed in multiple trades at prices ranging from $498.00 to $498.69. 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.

21. The sales were executed in multiple trades at prices ranging from $500.08 to $501.02. 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.

22. The sales were executed in multiple trades at prices ranging from $501.11 to $502.00. 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.

23. The sales were executed in multiple trades at prices ranging from $502.29 to $503.04. 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.

24. The sales were executed in multiple trades at prices ranging from $503.30 to $504.22. 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.

25. The sales were executed in multiple trades at prices ranging from $506.00 to $506.91. 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.

26. The sales were executed in multiple trades at prices ranging from $507.22 to $508.21. 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.

27. The sales were executed in multiple trades at prices ranging from $508.25 to $509.22. 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.

28. The sales were executed in multiple trades at prices ranging from $509.67 to $510.62. 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.

29. The sales were executed in multiple trades at prices ranging from $510.69 to $511.66. 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.

30. The sales were executed in multiple trades at prices ranging from $511.70 to $512.69. 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.

Remarks:

Form 4 of 5

	/s/ Gordon Grafft, Attorney-in-fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AppLovin (APP) report for CTO Vasily Shikin?

AppLovin reported that CTO Vasily Shikin executed open‑market sales of 5,685 shares of Class A common stock. All trades occurred on March 10, 2026 and were reported as indirect transactions through IK50 Holdings Trust for his immediate family members.

At what prices did the AppLovin (APP) CTO’s March 10, 2026 share sales occur?

The reported sales were executed in multiple trades at prices ranging from about $477.60 to $512.69 per share. The Form 4 notes weighted average prices and offers to provide full trade‑level detail to the SEC, the issuer, or any security holder upon request.

How many AppLovin (APP) shares does the CTO hold after the reported sales?

Following the March 10, 2026 transactions, 27,121 shares of AppLovin Class A common stock remain indirectly held. These shares are owned through IK50 Holdings Trust for the benefit of Vasily Shikin’s immediate family members, as disclosed in the Form 4 filing footnotes.

Were the AppLovin (APP) CTO’s March 2026 share sales made under a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected under a Rule 10b5‑1 trading plan adopted by the reporting person on December 9, 2025. Such plans pre‑schedule trades, indicating these sales were executed according to a pre‑arranged framework rather than ad hoc decisions.

Are the AppLovin (APP) CTO’s reported holdings direct or indirect after these transactions?

The filing classifies the transactions and resulting position as indirect ownership. Shares are held by IK50 Holdings Trust for the benefit of the reporting person’s immediate family members, with nature of ownership described in the Form 4 footnotes rather than as directly owned stock.