Form 4: AppLovin Corp Director Eduardo Vivas Reports Acquisition of Class A Common Stock
SEC Form 4
Director Eduardo Vivas reported the acquisition of 144 shares of AppLovin Corp Class A common stock and disclaims beneficial ownership of shares held in family trusts.
Summary
- On July 15, 2024, Eduardo Vivas, a director of AppLovin Corp, acquired 144 shares of Class A common stock at a price of $0.00 per share.
- Following the transaction, Vivas directly owns 7,641,675.249 shares of Class A common stock.
- Vivas also indirectly owns 129,542 shares through the Vivas Family Trust and 112,681 shares through the Arutyunyan Family Trust, but disclaims beneficial ownership of these shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 10/26/2020 | Date of Vivas Family Trust U/A/D |
| 12/1/20 | Date of Arutyunyan Family Trust U/A/D |
| 07/15/2024 | Date of transaction: Acquisition of Class A Common Stock |
| 07/17/2024 | Date of signature by Attorney-in-fact |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.