Form 4: AppLovin CTO Sells Over $4.6M in Stock via 10b5-1 Plan
Insider Transaction Report
AppLovin Corp's Chief Technology Officer, Vasily Shikin, executed pre-planned sales of Class A Common Stock totaling 9,265 shares for approximately $4.6 million on March 10, 2026.
Summary
- Vasily Shikin, Chief Technology Officer of AppLovin Corp (APP), reported the sale of 9,265 shares of Class A Common Stock.
- The transactions occurred on March 10, 2026, and were executed pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025.
- The total value of the shares sold is approximately $4,604,252.99.
- Sales were conducted at weighted average prices ranging from $474.17 to $514.43 per share.
- Following these transactions, Shikin indirectly beneficially owns 57,282 shares of Class A Common Stock through ES48 Holdings Trust (26,917 shares for immediate family members) and IS37 Holdings Trust (30,365 shares for spouse).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine, pre-scheduled insider sale under a 10b5-1 plan, which typically does not carry significant positive or negative implications for the company's operational performance or future outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider sales executed under a Rule 10b5-1 trading plan are common for executives to manage personal finances and diversify holdings, and are generally pre-scheduled to avoid accusations of trading on material non-public information. Such routine sales are typically not indicative of broader industry trends or competitive positioning.
Related Party Transactions
- Shares are held indirectly by ES48 Holdings Trust for the benefit of the Reporting Person's immediate family members.
- Shares are held indirectly by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
Key Dates
| Date | Description |
|---|---|
| 12/09/2025 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 03/10/2026 | Date of reported sales transactions of Class A Common Stock. |
Keywords
AppLovin, APP, Vasily Shikin, CTO, Insider Sale, Form 4, 10b5-1 Plan, Class A Common Stock, Equity Transaction
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