Foroughi Arash Adam 4

What Happened
Arash Foroughi (reported as a 10% owner) disposed of a block of AppLovin common stock in open-market transactions on June 10–11, 2026 and also made a gift. The filing shows 29,457 shares sold in multiple trades for aggregate proceeds of approximately $14,605,501, plus a gift of 16,667 shares (reported with $0 proceeds). Sales were executed at a series of prices (weighted average prices reported per trade), producing the ~$14.6M in total proceeds. These were sales/gifts (not purchases), which are often routine liquidity or estate planning actions rather than a buy signal.

Key Details

• Transaction dates: June 10 and June 11, 2026; Form filed on June 12, 2026 (appears timely under Section 16 filing rules).
• Total sold: 29,457 shares; total proceeds reported ≈ $14,605,501.
• Gift: 16,667 shares reported as a gift ($0 proceeds). Footnote indicates certain shares are held in The JAF Children's Trust and the Reporting Person disclaims beneficial ownership of those trust shares.
• Price ranges: sales executed across multiple trades — roughly $492.85–$516.65 on June 10 and $472.95–$478.52 on June 11 (weighted-average prices reported per trade; detailed per-trade ranges in footnotes).
• Security type: Some shares are represented by Restricted Stock Units (RSUs) per footnote.
• Filing note: “Form 1 of 3” — this is part of multiple related filings.
• Shares owned after transaction: not specified in the provided extract — consult the full Form 4 filing for post-transaction holdings.

Context

• Gift transactions do not necessarily reflect market views — they’re commonly for estate or family planning.
• As a reported 10% owner, Foroughi is subject to Section 16 reporting rules; these transactions are reported as dispositions (sales/gift).
• Multiple footnotes indicate the sales were executed in many trades at slightly different prices (the filing provides weighted-average prices and offers to provide per-trade details on request).

For the full per-trade breakdown, post-transaction holdings, and any related filings (Forms 2/3), see the SEC filing (Accession 0001848395-26-000010).