Billings Craig Scott 4

What Happened Craig Billings (AppLovin director) was granted 525 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports an acquisition (Award/Grant, code A) of 525 shares at $0.00 (no cash paid). These RSUs represent a contingent right to one share each and will convert into Class A common stock upon vesting.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (filed within the typical 2-business-day reporting window).
• Amount: 525 RSUs acquired; reported price: $0.00; total cash outlay: $0.
• Post-transaction holdings: Not disclosed in this filing.
• Footnotes: F1 — RSUs vest 100% 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 notes certain securities are represented by RSUs.
• Transaction code: A = Award/Grant.

Context RSU grants are a form of compensation for directors and are not an open-market purchase or sale; they don’t necessarily signal a near-term trading intent because shares only convert on vesting. The award vests based on continued service (as described in the footnote), so the shares won’t be received immediately. This filing appears to be a routine director compensation grant rather than an opportunistic market transaction.