APP insider files Form 4: RSU tax withholding and planned 10b5-1 sales reduce holdings
Rhea-AI Filing Summary
Shikin Vasily, Chief Technology Officer of AppLovin Corp (APP), reported share withholding and programmed sales. On 08/20/2025 the issuer withheld 21,394 shares to satisfy income tax and withholding obligations in connection with vesting and net settlement of previously issued RSUs. On 08/22/2025 the reporting person sold a series of shares pursuant to a Rule 10b5-1 trading plan adopted December 9, 2024, executed in multiple trades at weighted-average prices ranging roughly from $413 to $446. Following these transactions the filing shows beneficial ownership of 3,360,104 Class A shares.
Positive
- Use of a Rule 10b5-1 plan indicates trades were preplanned and compliant with insider trading rules
- Issuer withholding of 21,394 shares to satisfy tax obligations is disclosed and explained
- Detailed explanatory footnotes provide price ranges and offer to provide per-trade details to regulators or holders
Negative
- Substantial aggregate share sales (~30,000 shares) reduced reported beneficial ownership to 3,360,104 Class A shares, which may be perceived negatively by some investors
- Form marked "1 of 4" indicates additional filings exist; this single filing does not show the complete set of related transactions
Insights
TL;DR: Routine insider withholding for taxes and sales under a 10b5-1 plan; appears procedural rather than an extraordinary event.
The Form 4 discloses two types of non-derivative transactions. First, an issuer withholding of 21,394 shares on 08/20/2025 to satisfy tax obligations related to RSU vesting. Second, multiple sales on 08/22/2025 effected under a Rule 10b5-1 plan adopted 12/09/2024, reported with weighted-average prices in a broad $413–$446 range. The combined activity reduced reported beneficial ownership to 3,360,104 Class A shares. From a market-impact perspective these appear as preplanned liquidity actions and tax settlements, not spontaneous insider trades.
TL;DR: Disclosure follows standard compliance practice; usage of a 10b5-1 plan and tax withholding are consistent with governance norms.
The filing explicitly notes the 10b5-1 trading plan and that shares were withheld to cover tax withholding from RSU vesting. The filer provides layered explanatory footnotes describing price ranges and willingness to disclose per-trade details to SEC staff or holders. The Form is signed by an attorney-in-fact and labeled "Form 1 of 4," indicating additional related filings may exist. These elements reflect procedural transparency in executive equity management.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 109 | $413.41 | $45K |
| Sale | Class A Common Stock | 727 | $414.89 | $302K |
| Sale | Class A Common Stock | 909 | $415.94 | $378K |
| Sale | Class A Common Stock | 37 | $417.02 | $15K |
| Sale | Class A Common Stock | 691 | $418.58 | $289K |
| Sale | Class A Common Stock | 399 | $419.48 | $167K |
| Sale | Class A Common Stock | 437 | $420.55 | $184K |
| Sale | Class A Common Stock | 36 | $421.21 | $15K |
| Sale | Class A Common Stock | 73 | $422.94 | $31K |
| Sale | Class A Common Stock | 37 | $424.79 | $16K |
| Sale | Class A Common Stock | 108 | $426.38 | $46K |
| Sale | Class A Common Stock | 291 | $427.97 | $125K |
| Sale | Class A Common Stock | 259 | $429.11 | $111K |
| Sale | Class A Common Stock | 305 | $430.69 | $131K |
| Sale | Class A Common Stock | 218 | $431.57 | $94K |
| Sale | Class A Common Stock | 473 | $432.77 | $205K |
| Sale | Class A Common Stock | 364 | $433.73 | $158K |
| Sale | Class A Common Stock | 369 | $435.20 | $161K |
| Sale | Class A Common Stock | 507 | $436.81 | $221K |
| Sale | Class A Common Stock | 1,240 | $437.78 | $543K |
| Sale | Class A Common Stock | 1,953 | $438.75 | $857K |
| Sale | Class A Common Stock | 2,619 | $439.84 | $1.15M |
| Sale | Class A Common Stock | 6,782 | $440.74 | $2.99M |
| Sale | Class A Common Stock | 6,604 | $441.72 | $2.92M |
| Sale | Class A Common Stock | 2,275 | $442.75 | $1.01M |
| Sale | Class A Common Stock | 1,126 | $443.56 | $499K |
| Sale | Class A Common Stock | 624 | $444.70 | $277K |
| Sale | Class A Common Stock | 391 | $445.74 | $174K |
| Sale | Class A Common Stock | 37 | $446.69 | $17K |
| Tax Withholding | Class A Common Stock | 21,394 | $412.38 | $8.82M |
Footnotes (1)
- 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"). Certain of these securities are represented by RSUs. 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, 2024. The sales were executed in multiple trades at prices ranging from $413.19 to $413.87. 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 $414.46 to $415.41. 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 $415.63 to $416.62. 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. The sales were executed in multiple trades at prices ranging from $416.64 to $417.03. 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 $417.92 to $418.87. 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 $419.01 to $419.94. 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 $420.21 to $420.74. 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. The sales were executed in multiple trades at prices ranging from $422.70 to $423.17. 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 $426.33 to $426.47. 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 $427.57 to $428.49. 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 $428.68 to $429.65. 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. The sales were executed in multiple trades at prices ranging from $430.20 to $431.18. 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 $431.22 to $431.79. 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 $432.22 to $433.21. 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. The sales were executed in multiple trades at prices ranging from $433.43 to $434.10. 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 $434.81 to $435.79. 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 $436.19 to $437.11. 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 $437.21 to $438.20. 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 $438.23 to $439.22. 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. The sales were executed in multiple trades at prices ranging from $439.24 to $440.23. 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 $440.24 to $441.22. 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. The sales were executed in multiple trades at prices ranging from $441.26 to $442.25. 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 $442.28 to $443.24. 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 $443.29 to $444.20. 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 $444.40 to $444.99. 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. The sales were executed in multiple trades at prices ranging from $445.43 to $446.21. 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.
FAQ
Who filed this Form 4 for AppLovin (APP)?
What transactions are reported on this Form 4 for APP?
What was the reporting person's beneficial ownership after these transactions?
Were the 08/22/2025 sales discretionary or preplanned?
Does the filing provide per-trade sale prices?