AppLovin (APP) 10% Owner Arash Foroughi Withholds 2,730 Shares

What Happened
Foroughi Arash Adam (Arash Foroughi), a 10% owner of AppLovin Corp (APP), had 2,730 shares withheld by the company on 2026-08-20 to satisfy tax withholding obligations related to the vesting and net settlement of previously reported Restricted Stock Units (RSUs). The withholding occurred at a per-share value of $308.77, totaling approximately $842,942. This is not an open-market sale by the insider but a company withholding to cover taxes (transaction code F).

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-21 (filed timely)
• Shares withheld/disposed: 2,730 shares at $308.77 per share; total value ≈ $842,942
• Transaction type/code: F — tax withholding in connection with RSU vesting (net settlement)
• Shares owned after transaction: Not specified in this filing
• Notable footnotes:
  • F1: Confirms this was withholding by the issuer to satisfy income tax and remittance obligations tied to RSU vesting (not a market sale).
  • F2: Some of these securities are represented by RSUs.
  • F3–F5: Certain shares are held in trusts for the Reporting Person’s children; the Reporting Person disclaims beneficial ownership of those trust-held shares.

Context
This was a routine tax-withholding/net settlement related to RSU vesting, not a discretionary sale — common for executives and major holders when equity awards vest. For 10% owners, such filings are disclosure of internal tax withholding and do not necessarily reflect a change in market sentiment or active selling by the insider.