Form 4: AppLovin Director Gifts Shares
Insider Transaction Report
AppLovin Corp. Director Maynard G. Webb Jr. reported gifting a total of 370 Class A Common Stock shares in early March 2026.
Summary
- Maynard G. Webb Jr., a Director and 10% owner of AppLovin Corp., reported two gift transactions of Class A Common Stock.
- On March 2, 2026, 295 shares were gifted.
- On March 4, 2026, an additional 75 shares were gifted.
- These transactions were reported with a price of $0.00 per share, indicating gifts.
- Following these transactions, Mr. Webb indirectly beneficially owns 147,516 Class A Common Stock shares through Webb Investment Network, an entity wholly owned by him and his spouse.
- He also directly owns 2,595 Class A Common Stock shares, some of which are represented by Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event for AppLovin Corp. as it represents a routine insider gift transaction rather than a sale or purchase that might signal a change in management's confidence or company valuation.
Industry Context
StockSavvy.ai notes that insider gift transactions, while a change in beneficial ownership, typically do not reflect on the operational performance or strategic direction of the company within the broader mobile app and advertising technology industry. Such filings are standard for directors managing their personal holdings.
Related Party Transactions
- Shares indirectly held by Maynard G. Webb Jr. are through Webb Investment Network, an entity wholly owned by the Reporting Person and the Reporting Person's spouse.
Stakeholder Impact
- Minimal direct impact on shareholders as these are gift transactions and not open market sales that could signal a change in insider sentiment or create selling pressure.
Key Dates
| Date | Description |
|---|---|
| 03/02/2026 | Disposition of 295 Class A Common Stock shares by gift. |
| 03/04/2026 | Disposition of 75 Class A Common Stock shares by gift. Also, date of signature for Power of Attorney. |
Recommendation
holdThe filing details routine insider gift transactions by a director, which do not provide new information regarding the company's operational performance, financial health, or strategic outlook. Therefore, it does not warrant a change in investment recommendation based solely on this Form 4.
Keywords
AppLovin Corp, APP, Form 4, Insider Transaction, Maynard G. Webb Jr., Director, Share Disposition, Gift, Class A Common Stock, SEC Filing
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