[Form 4] Applovin Corporation Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applovin Corp (APP) reporting person: Herald Y. Chen filed a Form 4 disclosing multiple transactions on August 12–13, 2025. The filing shows acquisitions and exercises of equity-related securities and many open-market sales of Class A common stock executed in multiple tranches at prices ranging from $439.04 to $469.69 (weighted-average prices reported per tranche). The reporter acquired or received two 200,000-share items (reported as acquisitions and as stock options exercisable at $5.05), and certain securities are represented by Restricted Stock Units (RSUs). The filing includes reported beneficial ownership totals that vary by line, including 381,929 and 780,201 shares shown in the schedules following the reported transactions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider executed options/acquisitions and concurrently sold material quantities of Class A shares across two days.
The Form 4 documents a sequence of equity events: reporting person acquired 200,000-share items twice (including exercisable options at $5.05) and acknowledged RSUs, while selling multiple tranches of Class A common stock on August 12–13, 2025. Sale prices are reported as weighted averages across many trades, spanning roughly $439 to $469. The filing presents updated beneficial ownership figures in both non-derivative and derivative tables, with a derivative line showing 780,201 shares beneficially owned following the reported option-related activity. From a trading-data perspective, this is a routine Form 4 that discloses option exercise, RSU holdings, and staged sales rather than a single large-block transfer.
TL;DR: Disclosure is complete on transaction types and prices; multiple tranche sales are documented with explanatory footnotes.
The filing supplies required detail: transaction codes, tranche-level weighted average sale prices, and explanations stating the trades were executed in multiple transactions within specified price ranges. It also clarifies that some securities are RSUs and that the reported options are fully vested and exercisable. The form is signed by an attorney-in-fact and includes the standard undertaking to provide additional per-trade details on request, which meets typical Section 16 reporting standards.
Insider Trade Summary
Net Seller: 367,009 shares ($167,513,840)
Net Sell
32 txns
Insider
Chen Herald Y
Role
Director
Sold
367,009 shs ($167.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 200,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 200,000 | $5.05 | $1.01M |
| Sale | Class A Common Stock | 2,300 | $439.57 | $1.01M |
| Sale | Class A Common Stock | 3,120 | $440.70 | $1.37M |
| Sale | Class A Common Stock | 6,839 | $441.61 | $3.02M |
| Sale | Class A Common Stock | 7,310 | $442.68 | $3.24M |
| Sale | Class A Common Stock | 11,291 | $443.56 | $5.01M |
| Sale | Class A Common Stock | 11,743 | $444.58 | $5.22M |
| Sale | Class A Common Stock | 23,779 | $445.71 | $10.60M |
| Sale | Class A Common Stock | 32,065 | $446.57 | $14.32M |
| Sale | Class A Common Stock | 30,466 | $447.42 | $13.63M |
| Sale | Class A Common Stock | 8,226 | $448.70 | $3.69M |
| Sale | Class A Common Stock | 10,135 | $449.57 | $4.56M |
| Sale | Class A Common Stock | 9,865 | $450.58 | $4.44M |
| Sale | Class A Common Stock | 4,370 | $451.44 | $1.97M |
| Sale | Class A Common Stock | 5,500 | $452.74 | $2.49M |
| Conversion | Class B Common Stock | 200,000 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 200,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 200,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 200,000 | $5.05 | $1.01M |
| Sale | Class A Common Stock | 3,075 | $459.43 | $1.41M |
| Sale | Class A Common Stock | 11,820 | $460.22 | $5.44M |
| Sale | Class A Common Stock | 14,159 | $461.12 | $6.53M |
| Sale | Class A Common Stock | 11,758 | $462.29 | $5.44M |
| Sale | Class A Common Stock | 22,452 | $463.32 | $10.40M |
| Sale | Class A Common Stock | 24,771 | $464.28 | $11.50M |
| Sale | Class A Common Stock | 33,875 | $465.40 | $15.77M |
| Sale | Class A Common Stock | 44,978 | $466.28 | $20.97M |
| Sale | Class A Common Stock | 24,298 | $467.19 | $11.35M |
| Sale | Class A Common Stock | 6,462 | $468.18 | $3.03M |
| Sale | Class A Common Stock | 2,252 | $469.08 | $1.06M |
| Sale | Class A Common Stock | 100 | $470.20 | $47K |
Holdings After Transaction:
Stock Option (Right to Buy) — 580,201 shares (Direct);
Class A Common Stock — 581,929 shares (Direct);
Class B Common Stock — 517,467 shares (Direct)
Footnotes (1)
- Certain of these securities are represented by Restricted Stock Units ("RSUs"). The sales were executed in multiple trades at prices ranging from $466.79 to $467.78. 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 $467.79 to $468.78. 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 $468.79 to $469.69. 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 $439.04 to $440.03. 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 $440.08 to $441.06. 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 $441.08 to $442.07. 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 $442.09 to $443.08. 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 $443.09 to $444.08. 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 $444.10 to $445.09. 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 $445.10 to $446.09. 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 $458.77 to $459.76. 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 $446.10 to $447.09. 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 $447.10 to $448.07. 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 $448.13 to $449.12. 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 $449.13 to $450.11. 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. The sales were executed in multiple trades at prices ranging from $450.13 to $451.12. 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 $451.13 to $452.12. 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 $452.18 to $453.12. 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. Shares of Class B Common Stock are exchangeable at any time, at the option of the Reporting Person and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock. The option is fully vested and exercisable. The sales were executed in multiple trades at prices ranging from $459.78 to $460.77. 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 $460.78 to $461.71. 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 $461.79 to $462.78. 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 $462.79 to $463.78. 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 $463.79 to $464.78. 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 $464.79 to $465.78. 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 $465.79 to $466.78. 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.
