Form 4: AppLovin Corp Director Reports Acquisition of Class A Common Stock

Director Eduardo Vivas acquired 37 shares of Class A Common Stock in AppLovin Corp on January 15, 2025, while also reporting indirect ownership of additional shares through family trusts.

Summary

• Eduardo Vivas, a director at AppLovin Corp, reported acquiring 37 shares of Class A Common Stock on January 15, 2025.
• The acquisition was made through the vesting of restricted stock units (RSUs), with each RSU representing one share of Class A common stock.
• The RSUs vested fully on the grant date.
• The transaction price was $0.00, indicating the shares were received as part of a compensation plan.
• Following the transaction, Vivas directly owns 7,407,572.249 shares of Class A Common Stock.
• Vivas also indirectly owns 121,317 shares through the Vivas Family Trust and 90,576 shares through the Arutyunyan Family Trust.
• Vivas disclaims beneficial ownership of the shares held in the family trusts.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction of stock acquisition by a director, which is neither significantly positive nor negative. It is a normal part of executive compensation.

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 standard SEC Form 4 filing, which is a routine disclosure for company insiders who trade in their company's stock. It is a common practice for directors to receive stock-based compensation.

Comparison to Industry Standards

• Stock-based compensation is a common practice across the technology industry, particularly for directors and executives.
• The use of restricted stock units (RSUs) is a standard method for aligning the interests of management with those of shareholders.
• Many companies such as Meta, Google, and Microsoft use similar compensation structures for their directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.

Key Dates

Keywords

AppLovin Corp, Class A Common Stock, Director, Eduardo Vivas, Restricted Stock Units, RSUs, Beneficial Ownership, SEC Form 4, Insider Trading