Form 4: AppLovin CFO Granted 20,236 RSUs, Vesting Through 2026

AppLovin Corp's Chief Financial Officer, Matthew Stumpf, was granted 20,236 restricted stock units, aligning executive interests with future company performance.

Summary

• Matthew Stumpf, Chief Financial Officer of AppLovin Corp (APP), was granted 20,236 Class A Common Stock in the form of Restricted Stock Units (RSUs) on October 30, 2025.
• These RSUs were acquired at a price of $0.00 per unit, indicating a grant rather than a purchase.
• Following this transaction, Matthew Stumpf beneficially owns 201,893 shares of Class A Common Stock, including other RSUs.
• The RSUs will vest in installments: 1/4th on February 20, 2026, and an additional 1/4th on each three-month anniversary thereafter, contingent on continued service as a provider.

Sentiment

Score: 7

Explanation: The grant of RSUs to a key executive is generally a positive signal for executive retention and alignment with long-term company performance, though it's a routine compensation event rather than a significant operational or financial announcement.

Positives

• The grant of Restricted Stock Units (RSUs) to the Chief Financial Officer aligns management's long-term interests with shareholder value creation.
• The vesting schedule encourages executive retention and sustained performance over several years.

Future Outlook

The vesting schedule for the granted Restricted Stock Units extends into the future, with the first tranche vesting in February 2026 and subsequent tranches every three months thereafter, contingent on the CFO's continued service.

Industry Context

Executive compensation through equity grants like RSUs is a standard practice across the technology and software industry, particularly for high-growth companies like AppLovin, to attract, retain, and incentivize key leadership.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of executive compensation is a common practice, comparable to compensation structures at companies like Unity Software Inc. (U) or Zynga Inc. (ZNGA, prior to acquisition) in the mobile gaming and ad tech sectors, which often tie executive incentives to long-term stock performance and retention.
• The vesting schedule, typically over several years, is consistent with industry benchmarks designed to align executive interests with sustained shareholder value creation and discourage short-term decision-making.

Stakeholder Impact

• Shareholders: The RSU grant aligns the Chief Financial Officer's financial interests with the long-term performance of AppLovin, potentially leading to more focused decision-making aimed at increasing shareholder value.
• Employees: This type of executive compensation can set a precedent or reflect a broader compensation strategy that may impact other employees' equity incentives.

Next Steps

• The granted Restricted Stock Units will begin vesting on February 20, 2026, with subsequent vesting occurring quarterly thereafter, subject to Matthew Stumpf's continued service.

Key Dates

Keywords

AppLovin, APP, Matthew Stumpf, CFO, Restricted Stock Units, RSUs, Insider Transaction, Executive Compensation, Stock Grant, Vesting