Form 4: AppLovin Director Maynard Webb Jr. Receives Restricted Stock Unit Grant

AppLovin Corp. Director Maynard G. Webb Jr. has reported the acquisition of 720 Class A Common Stock shares in the form of Restricted Stock Units (RSUs) as part of a routine compensation award.

Summary

• Maynard G. Webb Jr., a Director at AppLovin Corp. (APP), acquired 720 shares of Class A Common Stock on June 4, 2025.
• These shares were granted as Restricted Stock Units (RSUs) with a transaction price of $0.00, indicating they are part of a compensation package.
• Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting.
• The RSUs are set to vest 100% on the earlier of (i) the one-year anniversary of the grant date or (ii) the day prior to the next Annual Meeting, contingent on Mr. Webb's continued service as an Outside Director.
• Following this transaction, Mr. Webb directly beneficially owns 2,538 shares of Class A Common Stock (including certain RSUs).
• Additionally, 147,886 shares are indirectly beneficially owned through Webb Investment Network, an entity wholly owned by Mr. Webb and his spouse, bringing his total beneficial ownership to 150,424 shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates routine director compensation and aligns insider interests with shareholders, which is generally viewed favorably. However, it's not a significant market-moving event on its own.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The transaction represents a routine equity award, indicating standard corporate governance practices for director compensation.

Future Outlook

The 720 Restricted Stock Units granted to Director Maynard G. Webb Jr. are expected to vest 100% on the earlier of the one-year anniversary of the grant date or the day prior to the next Annual Meeting, provided he continues to serve as an Outside Director.

Industry Context

This Form 4 filing is a standard disclosure in the technology and ad-tech industry, where equity compensation, particularly in the form of Restricted Stock Units, is a common practice to attract, retain, and incentivize directors and executives, aligning their long-term interests with company performance and shareholder value.

Related Party Transactions

• 147,886 shares of Class A Common Stock are indirectly beneficially owned through Webb Investment Network, an entity wholly owned by the Reporting Person and the Reporting Person's spouse.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value creation, as the value of the RSUs is tied to the company's stock performance.
• Employees: While not directly impacting employees, this type of equity compensation is a common practice that can set a precedent for broader compensation strategies within the company.

Next Steps

• The vesting of the 720 Restricted Stock Units will occur on the earlier of the one-year anniversary of the grant date or the day prior to the next Annual Meeting, subject to continued service.

Key Dates

Keywords

AppLovin, APP, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Beneficial Ownership, Corporate Governance