Form 4: AppLovin Corp Director Craig Scott Billings Reports Transaction in Class A Common Stock
SEC Form 4 Filing
Director Craig Scott Billings reports a transaction involving Class A Common Stock of AppLovin Corp, including a sale and a gift.
Summary
- On May 13, 2024, Craig Scott Billings, a director of AppLovin Corp, reported a transaction involving Class A Common Stock.
- He sold 5,620 shares at a price of $84.97 per share.
- He also made a bona fide gift of 1,780 shares to a donor-advised fund.
- Following the reported transactions, Billings indirectly owns 1,780 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the gift to a donor-advised fund may offset this concern.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: sale of shares and gift of shares. |
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