WEBB MAYNARD G JR 4
4 · AppLovin Corp · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
AppLovin (APP) Director Webb Maynard G Jr Sells Shares
What Happened
- Webb Maynard G Jr, a director of AppLovin Corp (APP), sold a total of 3,076 shares in multiple open‑market transactions on June 5, 2026, generating aggregate proceeds of approximately $1,790,365. Individual reported lot prices ranged from about $577.42 to $593.65; the filing shows weighted average prices for each reported lot (e.g., $577.83, $578.63, $580.25, $581.58, $584.52, $587.30, $591.02, $593.00).
- The Form 4 also reports an award/acquisition of 525 restricted stock units (RSUs) on June 3, 2026 (reported as $0 acquisition value). Each RSU is a contingent right to one share subject to vesting terms described in the filing.
Key Details
- Transaction dates: RSU award 2026-06-03; open‑market sales 2026-06-05. Filing date: 2026-06-05 (timely).
- Shares sold: 3,076; proceeds ≈ $1,790,365. RSUs granted: 525 (contingent, $0 reported acquisition value).
- Sales executed under a Rule 10b5‑1 trading plan adopted March 3, 2026 (footnote F3).
- Several footnotes disclose that each reported lot price is a weighted average of multiple trades and provide the per‑lot price ranges (F4–F11). Some shares are held by Webb Investment Network, an entity wholly owned by the reporting person and spouse (F5).
- Shares owned after the transactions are not specified in the provided data.
Context
- RSUs are contingent awards that convert to shares if vesting conditions are met; the June 3 award vests per the terms in the footnote (100% vest upon the earlier of one‑year anniversary or day prior to the next annual meeting, subject to continued service).
- The sales were executed under a pre‑arranged 10b5‑1 plan, which indicates the trades were pre‑programmed rather than ad hoc. Sales by directors are common and do not by themselves indicate company prospects; purchases generally carry more informational weight for retail investors.
Insider Transaction Report
Form 4
WEBB MAYNARD G JR
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-03+525→ 3,157 total - Sale
Class A Common Stock
[F3][F4][F5]2026-06-05$577.83/sh−400$231,132→ 126,196 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F6][F5]2026-06-05$578.63/sh−1,160$671,211→ 125,036 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F7][F5]2026-06-05$580.25/sh−240$139,260→ 124,796 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F8][F5]2026-06-05$581.58/sh−210$122,132→ 124,586 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F9][F5]2026-06-05$584.52/sh−560$327,331→ 124,026 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F5]2026-06-05$587.30/sh−22$12,921→ 124,004 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F10][F5]2026-06-05$591.02/sh−320$189,126→ 123,684 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F11][F5]2026-06-05$593.00/sh−164$97,252→ 123,520 total(indirect: See footnote)
Footnotes (11)
- [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs shall vest on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.
- [F10]The sales were executed in multiple trades at prices ranging from $590.92 to $591.48. 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 $592.675 to $593.65. 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]Certain of these securities are represented by RSUs.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2026.
- [F4]The sales were executed in multiple trades at prices ranging from $577.415 to $578.40. 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]Shares are held by Webb Investment Network, an entity wholly owned by the Reporting Person and the Reporting Person's spouse.
- [F6]The sales were executed in multiple trades at prices ranging from $578.59 to $579.00. 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 $579.76 to $580.705. 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 $581.315 to $581.94. 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 $583.99 to $584.905. 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/ Victoria Valenzuela, Attorney-in-fact|2026-06-05