Form 4: AppLovin CEO's RSU Tax Withholding Disclosed

AppLovin CEO Arash Adam Foroughi reported a routine transaction involving shares withheld for tax obligations related to vested Restricted Stock Units.

Summary

• Arash Adam Foroughi, CEO, Director, and 10% Owner of AppLovin Corp (APP), reported a transaction on May 20, 2026.
• The transaction involved the disposition of 2,730 shares of Class A Common Stock at a price of $482.28 per share.
• This disposition was not a sale by the Reporting Person but represents shares withheld by AppLovin Corp to satisfy income tax and withholding obligations related to the vesting and net settlement of previously reported Restricted Stock Units (RSUs).
• Following this transaction, Mr. Foroughi directly beneficially owns 2,427,684 shares of Class A Common Stock, which includes certain RSUs.
• Additionally, Mr. Foroughi indirectly beneficially owns 2,983,017 shares through The JAF Children's Trust, 1,530,519 shares through The WHK Trust, and 780,519 shares through The OD Trust, all for the benefit of his children, though he disclaims beneficial ownership of these shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing related to executive compensation, carrying a neutral sentiment regarding the company's operational or financial performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions like tax withholdings on RSU vesting are common practice for executive compensation and generally do not reflect changes in company strategy or performance, nor do they typically indicate a shift in market sentiment for the underlying stock.

Related Party Transactions

• Arash Adam Foroughi indirectly beneficially owns shares through The JAF Children's Trust, The WHK Trust, and The OD Trust, for which his children are beneficiaries. He disclaims beneficial ownership of these shares.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine administrative transaction related to executive compensation, not a market sale or a change in company fundamentals.
• Employees: No direct impact mentioned beyond the executive's compensation structure.

Key Dates

Keywords

AppLovin, APP, Form 4, Insider Transaction, RSU, Tax Withholding, Beneficial Ownership, CEO