Form 4: AppLovin Corp Director Maynard G Webb Jr. Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Director Maynard G Webb Jr. reports acquiring 1,818 shares of AppLovin Corp Class A Common Stock through restricted stock units.
Summary
- Maynard G Webb Jr., a director at AppLovin Corp, reported a transaction on April 9, 2025.
- He acquired 1,818 shares of Class A Common Stock through restricted stock units (RSUs) at a price of $0.00.
- Following the transaction, Webb directly owns 1,818 shares and indirectly owns 147,886 shares through Webb Investment Network.
- The RSUs vest in 1/12th increments quarterly, starting from the first Quarterly Vesting Date after the grant date, subject to continued service.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard reporting of stock acquisition. The acquisition itself could be seen as slightly positive, but the document is primarily informational.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.
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 |
|---|---|
| 04/09/2025 | Date of transaction: Acquisition of Class A Common Stock |
| 04/11/2025 | Date of signature for the report |
Keywords
AppLovin Corp, Director, Maynard G Webb Jr, Class A Common Stock, RSUs, Beneficial Ownership, Form 4, SEC
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