Form 4: AppLovin Corp's Chief Marketing Officer, Katie Kihorany Jansen, Sells Shares
SEC Form 4
Katie Kihorany Jansen, Chief Marketing Officer of AppLovin Corp, reports selling shares of Class A Common Stock in multiple transactions between August 12 and August 14, 2024.
Summary
- Katie Kihorany Jansen, the Chief Marketing Officer of AppLovin Corp, has reported the sale of Class A Common Stock.
- The sales occurred in multiple transactions between August 12, 2024, and August 14, 2024.
- On August 12, 2024, she sold 14,359 shares at an average price of $74.66, 42,340 shares at an average price of $75.68, 13,708 shares at an average price of $76.50, and 1,900 shares at an average price of $77.58.
- On August 14, 2024, she sold 54,793 shares at an average price of $83.41, 15,046 shares at an average price of $84.58, and 2,467 shares at an average price of $85.06.
- Following these transactions, Jansen directly owns 1,092,090 shares of Class A Common Stock and indirectly owns 6,086 shares through The Jansen Family Trust.
Sentiment
Score: 5
Explanation: This is a neutral report on stock sales by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of stock sales by a company insider. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of first reported transaction |
| 08/14/2024 | Date of last reported transaction and signature date |
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