Georgiadis Mary Margaret Hastings 4
Research Summary
AI-generated summary
AppLovin (APP) Director Mary Georgiadis Receives RSU Award
What Happened
- Mary Margaret Hastings Georgiadis, a director of AppLovin Corp (APP), was granted 525 restricted stock units (RSUs) on June 3, 2026. The award was recorded at $0.00 cash paid (an equity compensation grant), not a market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely).
- Award: 525 RSUs; reported acquisition price: $0.00 (code A — award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Each RSU is a contingent right to one share of Class A common stock; 100% vest on the earlier of (i) one-year anniversary of the grant or (ii) the day before the next Annual Meeting, subject to continued service.
- F2: Confirms some securities are represented by RSUs.
- F3: Some shares are held by Blue Sage Partners, LLC, for which the reporting person and her spouse share voting and dispositive power.
- Exhibit: Exhibit 24 (Power of Attorney) attached.
Context
- RSU grants are a common form of director compensation and represent a future right to shares if vesting conditions are met; they are not an immediate purchase or sale and do not by themselves signal a buy/sell decision.