Form 4: AppLovin Corp CLO & Corp. Secretary Victoria Valenzuela Reports Stock Sales

Victoria Valenzuela, CLO & Corp. Secretary of AppLovin Corp, reports multiple sales of Class A Common Stock between May 19 and May 21, 2025, along with a transaction related to tax obligations from vesting Restricted Stock Units and shares acquired under the Employee Stock Purchase Plan.

Summary

• Victoria Valenzuela, the CLO & Corp. Secretary of AppLovin Corp, filed a Form 4 detailing changes in beneficial ownership.
• Between May 19 and May 21, 2025, Valenzuela sold multiple blocks of Class A Common Stock at prices ranging from approximately $364.32 to $374.96.
• The sales on May 19, 2025, involved transactions at prices of $364.56, $365.82, $367.04, $368.54, $369.91, $371.06, $372.23, $373.36 and $374.56.
• Sales continued on May 21, 2025, at prices of $366.5, $367.62, $368.42, $369.63, $370.55, $371.86 and $372.72.
• On May 20, 2025, 7,703 shares were withheld by the issuer to cover income tax obligations related to the vesting of Restricted Stock Units (RSUs).
• Valenzuela also acquired 655 shares under the AppLovin Corporation Employee Stock Purchase Plan on May 20, 2025.
• Following these transactions, Valenzuela directly owns 344,256 shares of Class A Common Stock.
• Certain of these securities are represented by Restricted Stock Units ('RSUs').

Sentiment

Score: 5

Explanation: The sentiment is neutral as it primarily reports stock sales and tax-related share withholding, which are common transactions. The acquisition of shares through the employee stock purchase plan is a slightly positive sign.

Positives

• Valenzuela acquired 655 shares through the Employee Stock Purchase Plan on May 20, 2025.

Negatives

• Victoria Valenzuela, CLO & Corp. Secretary of AppLovin Corp, sold shares of Class A Common Stock between May 19 and May 21, 2025.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

• Shareholders may react to the stock sales by a company insider, although the impact is likely to be minimal given the relatively small number of shares involved.
• The Employee Stock Purchase Plan participation could be viewed positively by employees.

Key Dates

Keywords

Form 4, Beneficial Ownership, Class A Common Stock, AppLovin Corp, Valenzuela, Stock Sales, Restricted Stock Units, Employee Stock Purchase Plan