Foroughi Arash Adam 4
4 · AppLovin Corp · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
AppLovin (APP) 10% Owner Arash Foroughi Sells Shares
What Happened
- Arash Foroughi (reported as a 10% owner) disposed of a large holding in AppLovin (APP) via multiple open-market sales and a gift. On March 11–12, 2026 he sold 59,296 shares in numerous trades for total proceeds of approximately $27,495,861. Separately, he gifted 20,000 shares (reported as a gift, $0 proceeds). Many of the securities are represented by Restricted Stock Units (RSUs) per the filing.
Key Details
- Transaction dates: March 11, 2026 and March 12, 2026; Form 4 filed March 13, 2026.
- Sales: 59,296 shares sold; total reported proceeds ≈ $27,495,861.
- Gift: 20,000 shares gifted (disposed for $0).
- Price range on reported trades: roughly $449.38 (low) to $481.57 (high); many line items show weighted‑average prices and footnote ranges for multiple executions.
- Footnotes: F1 notes some shares are RSUs; multiple footnotes (F2–F30) state the sales were executed in multiple trades with weighted-average prices and that the filer will provide detailed breakdowns on request.
- Shares owned after transaction: not specified in the provided excerpt.
- Timeliness: Filing date (2026-03-13) covers trades on 03-11 and 03-12; the filing does not indicate a late-report flag in the provided data.
- Filing note: This is “Form 1 of 2,” indicating a second related filing may follow.
Context
- These were disposals (sales and a gift), not purchases; sales are often routine (liquidity, tax planning, portfolio rebalancing) and gifts do not imply market sentiment. As a 10% owner rather than an officer-specific trade, this activity may reflect large‑holder portfolio management rather than insider knowledge. The filing includes RSU-related and multi-trade weighted-average price notes; no 10b5-1 plan or other special plan was referenced in the excerpt.
Insider Transaction Report
Form 4
Foroughi Arash Adam
DirectorCEO & Chairperson10% Owner
Transactions
- Gift
Class A Common Stock
[F1]2026-03-11−20,000→ 2,530,414 total - Sale
Class A Common Stock
[F2][F1]2026-03-11$457.96/sh−640$293,094→ 2,529,774 total - Sale
Class A Common Stock
[F3][F1]2026-03-11$458.89/sh−2,320$1,064,625→ 2,527,454 total - Sale
Class A Common Stock
[F4][F1]2026-03-11$459.95/sh−4,371$2,010,441→ 2,523,083 total - Sale
Class A Common Stock
[F5][F1]2026-03-11$460.86/sh−5,032$2,319,048→ 2,518,051 total - Sale
Class A Common Stock
[F6][F1]2026-03-11$461.74/sh−8,416$3,886,004→ 2,509,635 total - Sale
Class A Common Stock
[F7][F1]2026-03-11$462.81/sh−3,079$1,424,992→ 2,506,556 total - Sale
Class A Common Stock
[F8][F1]2026-03-11$463.83/sh−2,330$1,080,724→ 2,504,226 total - Sale
Class A Common Stock
[F9][F1]2026-03-11$464.82/sh−2,082$967,755→ 2,502,144 total - Sale
Class A Common Stock
[F10][F1]2026-03-11$465.86/sh−1,755$817,584→ 2,500,389 total - Sale
Class A Common Stock
[F11][F1]2026-03-11$466.96/sh−2,156$1,006,766→ 2,498,233 total - Sale
Class A Common Stock
[F12][F1]2026-03-11$467.86/sh−2,125$994,203→ 2,496,108 total - Sale
Class A Common Stock
[F13][F1]2026-03-11$468.79/sh−2,120$993,835→ 2,493,988 total - Sale
Class A Common Stock
[F14][F1]2026-03-11$469.98/sh−1,043$490,189→ 2,492,945 total - Sale
Class A Common Stock
[F15][F1]2026-03-11$471.00/sh−840$395,640→ 2,492,105 total - Sale
Class A Common Stock
[F16][F1]2026-03-11$472.29/sh−1,235$583,278→ 2,490,870 total - Sale
Class A Common Stock
[F17][F1]2026-03-11$473.27/sh−1,830$866,084→ 2,489,040 total - Sale
Class A Common Stock
[F18][F1]2026-03-11$474.25/sh−2,068$980,749→ 2,486,972 total - Sale
Class A Common Stock
[F19][F1]2026-03-11$475.26/sh−2,692$1,279,400→ 2,484,280 total - Sale
Class A Common Stock
[F20][F1]2026-03-11$476.25/sh−1,480$704,850→ 2,482,800 total - Sale
Class A Common Stock
[F21][F1]2026-03-11$477.32/sh−1,026$489,730→ 2,481,774 total - Sale
Class A Common Stock
[F22][F1]2026-03-11$478.30/sh−280$133,924→ 2,481,494 total - Sale
Class A Common Stock
[F23][F1]2026-03-11$479.60/sh−280$134,288→ 2,481,214 total - Sale
Class A Common Stock
[F24][F1]2026-03-11$480.60/sh−680$326,808→ 2,480,534 total - Sale
Class A Common Stock
[F25][F1]2026-03-11$481.57/sh−120$57,788→ 2,480,414 total - Sale
Class A Common Stock
[F26][F1]2026-03-12$449.38/sh−2,430$1,091,993→ 2,477,984 total - Sale
Class A Common Stock
[F27][F1]2026-03-12$449.98/sh−2,346$1,055,653→ 2,475,638 total - Sale
Class A Common Stock
[F28][F1]2026-03-12$450.97/sh−400$180,388→ 2,475,238 total - Sale
Class A Common Stock
[F29][F1]2026-03-12$452.41/sh−1,680$760,049→ 2,473,558 total - Sale
Class A Common Stock
[F30][F1]2026-03-12$453.27/sh−2,440$1,105,979→ 2,471,118 total
Footnotes (30)
- [F1]Certain of these securities are represented by Restricted Stock Units ("RSUs").
- [F10]The sales were executed in multiple trades at prices ranging from $465.37 to $466.31. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F11]The sales were executed in multiple trades at prices ranging from $466.38 to $467.36. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F12]The sales were executed in multiple trades at prices ranging from $467.38 to $468.36. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F13]The sales were executed in multiple trades at prices ranging from $468.38 to $469.19. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F14]The sales were executed in multiple trades at prices ranging from $469.39 to $470.26. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F15]The sales were executed in multiple trades at prices ranging from $470.55 to $471.32. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F16]The sales were executed in multiple trades at prices ranging from $471.69 to $472.66. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F17]The sales were executed in multiple trades at prices ranging from $472.79 to $473.73. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F18]The sales were executed in multiple trades at prices ranging from $473.80 to $474.785. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F19]The sales were executed in multiple trades at prices ranging from $474.80 to $475.66. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F2]The sales were executed in multiple trades at prices ranging from $457.36 to $458.33. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F20]The sales were executed in multiple trades at prices ranging from $475.82 to $476.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F21]The sales were executed in multiple trades at prices ranging from $476.95 to $477.83. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F22]The sales were executed in multiple trades at prices ranging from $478.00 to $478.89. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F23]The sales were executed in multiple trades at prices ranging from $479.17 to $479.91. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F24]The sales were executed in multiple trades at prices ranging from $480.21 to $480.79. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F25]The sales were executed in multiple trades at prices ranging from $481.52 to $481.60. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F26]The sales were executed in multiple trades at prices ranging from $448.675 to $449.67. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F27]The sales were executed in multiple trades at prices ranging from $449.675 to $450.58. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F28]The sales were executed in multiple trades at prices ranging from $450.71 to $451.43. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F29]The sales were executed in multiple trades at prices ranging from $451.775 to $452.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F3]The sales were executed in multiple trades at prices ranging from $458.36 to $459.35. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F30]The sales were executed in multiple trades at prices ranging from $452.80 to $453.7975. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F4]The sales were executed in multiple trades at prices ranging from $459.36 to $460.35. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F5]The sales were executed in multiple trades at prices ranging from $460.36 to $461.35. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F6]The sales were executed in multiple trades at prices ranging from $461.36 to $462.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F7]The sales were executed in multiple trades at prices ranging from $462.36 to $463.355. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F8]The sales were executed in multiple trades at prices ranging from $463.36 to $464.35. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F9]The sales were executed in multiple trades at prices ranging from $464.37 to $465.33. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Signature
/s/ Gordon Grafft, Attorney-in-fact|2026-03-13