|4Feb 24, 4:36 PM ET

Foroughi Arash Adam 4

4 · AppLovin Corp · Filed Feb 24, 2026

Research Summary

AI-generated summary of this filing

Updated

AppLovin (APP) 10% Owner Arash Foroughi Withholds Shares for Taxes

What Happened

  • Arash Foroughi (listed as a 10% owner) did not sell shares on the open market. Instead, 2,747 AppLovin shares were withheld by the issuer on Feb 20, 2026 to satisfy income tax and withholding obligations tied to the vesting/net settlement of previously awarded Restricted Stock Units (RSUs).
  • Withholding was done at $418.68 per share, totaling $1,150,114. This is a tax-withholding/net-settlement transaction (code F), not a discretionary sale.

Key Details

  • Transaction date and price: 2026-02-20, 2,747 shares at $418.68 each; total value $1,150,114.
  • Transaction type: F — shares withheld by issuer to cover tax withholding on vested RSUs (net settlement), not an open-market sale by the reporting person (see footnote F1).
  • Securities form: Some or all of the securities were RSUs (footnote F2).
  • Trust holdings: Certain shares are held in trusts for the reporting person’s children (footnotes F3–F5); the reporting person disclaims beneficial ownership of those trust-held shares.
  • Filing: Form was filed on 2026-02-24 for a 2026-02-20 transaction — filed within the typical Form 4 reporting window (no late-filing flag noted).
  • Exhibit: Power of Attorney included (Exhibit 24).

Context

  • This was a tax-withholding/net-settlement of RSUs (a routine administrative action) rather than a directional trade; it does not necessarily indicate the insider’s view of the company’s stock.
  • For 10% owners, such filings reflect large-shareholder status but here simply document tax withholding on vested awards, not a purchase or sale for investment purposes.

Insider Transaction Report

Form 4
Period: 2026-02-20
Foroughi Arash Adam
DirectorCEO & Chairperson10% Owner
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-02-20$418.68/sh2,747$1,150,1142,550,414 total
Holdings
  • Class A Common Stock

    [F3]
    (indirect: See footnote)
    2,983,017
  • Class A Common stock

    [F4]
    (indirect: See footnote)
    1,530,519
  • Class A Common Stock

    [F5]
    (indirect: See footnote)
    780,519
Footnotes (5)
  • [F1]This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
  • [F2]Certain of these securities are represented by RSUs.
  • [F3]Shares are held by The JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  • [F4]Shares are held by The WHK Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  • [F5]Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Signature
/s/ Victoria Valenzuela, Attorney-in-fact|2026-02-24

Documents

2 files
  • 4
    primarydocument.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24

    POA - FEBRUARY 2026