Form 4: AppLovin Corp Director Alyssa Harvey Dawson Reports Acquisition of Restricted Stock Units

Director Alyssa Harvey Dawson acquired 2,987 restricted stock units (RSUs) of AppLovin Corp on June 5, 2024.

Summary

• On June 5, 2024, Alyssa Harvey Dawson, a director of AppLovin Corp, acquired 2,987 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• The RSUs were acquired at a price of $0.00.
• Following the transaction, Dawson beneficially owns 15,936 shares of Class A Common Stock, some of which are represented by RSUs.
• The RSUs vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the day prior to the next Annual Meeting, contingent on continued service as an Outside Director.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock units granted to a director, indicating alignment of interests but not necessarily a strong positive or negative signal.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon continued service, aligning the director's interests with the long-term success of the company.

Industry Context

Director stock ownership is a common practice to align management's interests with those of shareholders. RSU grants are a typical form of equity compensation.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates