Vivas Eduardo 4

What Happened

• Eduardo Vivas, a director of AppLovin Corp (APP), sold a total of 163,910 shares on March 16, 2026 in multiple open-market transactions. Proceeds reported across the trades total $74,331,212. Individual sale prices ranged from $446.88 to $465.27; the overall weighted average price is roughly $453.55 per share. Certain shares sold were represented by restricted stock units (RSUs).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
• Price range: $446.88 – $465.27 (multiple trades; many line-item footnotes report narrower sub-ranges and weighted-average prices).
• Total shares sold: 163,910; total proceeds: $74,331,212; approximate average price: $453.55/share.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Notable footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 10, 2025 (F1). Several footnotes (F3–F21) note sales executed in multiple trades at specified price sub-ranges and that reported prices reflect weighted averages. F2 notes some securities were RSUs.
• Filing exhibits/remarks: Exhibit 24 (Power of Attorney).

Context

• 10b5-1 plans are pre-established trading programs that allow insiders to sell shares according to a preset schedule; such sales are often routine and do not necessarily signal a view on the company’s near-term prospects. Because this filing reports multiple planned open-market sales under a 10b5-1 plan and includes RSU-represented shares, these transactions may reflect scheduled liquidity or tax/portfolio management rather than new company-specific information.