Form 4: AppLovin Corp Executive Jansen Katie Kihorany Reports Tax-Related Share Withholding
SEC Form 4 Filing
Chief Marketing Officer Katie Kihorany Jansen of AppLovin Corp reports the withholding of shares to cover income tax obligations related to the vesting of Restricted Stock Units.
Summary
- Katie Kihorany Jansen, Chief Marketing Officer of AppLovin Corp, filed a Form 4 on August 22, 2024, reporting a transaction that occurred on August 20, 2024.
- The transaction involved the withholding of 14,826 Class A Common Stock shares by AppLovin to satisfy income tax obligations related to the vesting of previously reported Restricted Stock Units (RSUs).
- The price per share for the withholding was $86.58.
- Following the transaction, Jansen directly owns 1,077,264 shares of Class A Common Stock and indirectly owns 6,086 shares through The Jansen Family Trust.
- The filing indicates that Jansen serves as trustee for The Jansen Family Trust.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard tax-related transaction. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their beneficial ownership of the company's securities.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of the transaction (share withholding for tax obligations). |
| 08/22/2024 | Date of Form 4 filing. |
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