Form 4: AppLovin Officer Sells Shares Under 10b5-1 Plan

AppLovin's Principal Accounting Officer, Dmitriy Dorosh, sold a total of 3,109 shares of Class A Common Stock on March 13, 2026, under a pre-arranged 10b5-1 plan.

Summary

• Dmitriy Dorosh, Principal Accounting Officer of AppLovin Corp (APP), reported sales of Class A Common Stock.
• On March 13, 2026, Dorosh sold 600 shares at a weighted average price of $452.66 per share.
• On the same date, an additional 2,509 shares were sold at a weighted average price of $453.60 per share.
• The sales were executed in multiple trades, with prices ranging from $452.29 to $453.28 for the first block and $453.30 to $453.99 for the second block.
• Following these transactions, Dorosh beneficially owns 111,515 shares of Class A Common Stock.
• Certain of the beneficially owned securities are represented by Restricted Stock Units (RSUs).
• The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event because it is a pre-planned sale under a Rule 10b5-1 plan, which typically indicates diversification or liquidity needs rather than a reaction to new negative information.

Negatives

• Principal Accounting Officer Dmitriy Dorosh sold a total of 3,109 shares of Class A Common Stock.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when conducted under pre-arranged Rule 10b5-1 plans, are routinely monitored by investors for potential signals regarding management's perception of future stock performance or personal financial planning.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a slight negative signal, though mitigated by the disclosure that it was executed under a Rule 10b5-1 plan, suggesting a pre-scheduled transaction rather than a reaction to new company developments.

Key Dates

Recommendation

The reported sales by the Principal Accounting Officer are part of a pre-arranged Rule 10b5-1 plan, indicating a scheduled transaction rather than a reaction to new material information. While insider sales are often scrutinized, this specific type of transaction typically does not warrant a change in investment thesis unless it represents a significant portion of the insider's holdings or is part of a broader pattern of sales across multiple executives. Therefore, a 'hold' recommendation is appropriate as this event alone does not fundamentally alter the company's investment profile.

Keywords

AppLovin, APP, Dmitriy Dorosh, Insider Trading, Form 4, Stock Sale, Principal Accounting Officer, 10b5-1 Plan, Class A Common Stock