Form 4: AppLovin Corp Director Acquires 48 Shares of Class A Common Stock
SEC Form 4
Director Alyssa Harvey Dawson acquired 48 shares of AppLovin Corp Class A common stock through the vesting of restricted stock units.
Summary
- Alyssa Harvey Dawson, a director at AppLovin Corp, acquired 48 shares of Class A common stock on January 15, 2025.
- The acquisition was through the vesting of restricted stock units (RSUs).
- Each RSU represents the right to receive one share of Class A common stock.
- The RSUs vested 100% on the grant date.
- The transaction was a direct acquisition with no cost to the director.
Sentiment
Score: 7
Explanation: The transaction is a routine vesting of RSUs, which is generally a neutral event. However, director ownership can be seen as a positive sign, hence a slightly positive sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine transaction related to director compensation and is common in publicly traded companies.
Comparison to Industry Standards
- The vesting of restricted stock units is a standard practice for compensating directors and employees in the tech industry.
- Many companies, such as Meta, Google, and Microsoft, use RSUs as part of their compensation packages.
- The number of shares acquired is relatively small, suggesting this is a regular vesting event rather than a significant purchase.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows director alignment with the company's success.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of the transaction where 48 shares of Class A common stock were acquired. |
| 01/17/2025 | Date the SEC Form 4 was signed. |
Keywords
AppLovin Corp, Class A Common Stock, Director, Alyssa Harvey Dawson, Restricted Stock Units, RSU, Beneficial Ownership, SEC Form 4
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