Victoria Valenzuela - Sep 4, 2025 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela
Stock symbol
APP
Transactions as of
Sep 4, 2025
Transactions value $
-$17,578,120
Form type
4
Date filed
9/5/2025, 05:08 PM
Previous filing
Aug 27, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Valenzuela Victoria CALO & Corp. Secretary 1100 PAGE MILL ROAD, PALO ALTO /s/ Victoria Valenzuela 2025-09-05 0001846998

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale -$4.1M -8.2K -2.69% $500.37 297K Sep 4, 2025 Direct F1, F2, F3
transaction APP Class A Common Stock Sale -$5.81M -11.6K -3.91% $501.34 285K Sep 4, 2025 Direct F1, F3, F4
transaction APP Class A Common Stock Sale -$2.36M -4.7K -1.65% $502.50 280K Sep 4, 2025 Direct F1, F3, F5
transaction APP Class A Common Stock Sale -$1.86M -3.7K -1.32% $503.89 277K Sep 4, 2025 Direct F1, F3, F6
transaction APP Class A Common Stock Sale -$3.43M -6.8K -2.46% $504.91 270K Sep 4, 2025 Direct F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2025.
F2 The sales were executed in multiple trades at prices ranging from $500.01 to $500.92. 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.
F3 Certain of these securities are represented by Restricted Stock Units ("RSUs").
F4 The sales were executed in multiple trades at prices ranging from $501.32 to $501.80. 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.
F5 The sales were executed in multiple trades at prices ranging from $502.50 to $502.57. 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.
F6 The sales were executed in multiple trades at prices ranging from $503.57 to $504.49. 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.
F7 The sales were executed in multiple trades at prices ranging from $504.90 to $505.25. 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.