Stumpf Matthew 4

What Happened

• Matthew Stumpf, Chief Financial Officer of AppLovin Corp (APP), had 2,362 shares withheld by the company on February 20, 2026 to satisfy income tax and withholding obligations in connection with the vesting and net settlement of previously granted RSUs. The withheld shares are reported as a disposition with an implied value of approximately $988,922 (2,362 shares × $418.68 per share). The transaction is reported under transaction code "F" (payment of exercise price or tax liability).

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-24
• Shares involved: 2,362 withheld/disposed
• Price used for value: $418.68 per share → total ≈ $988,922
• Transaction code: F (tax withholding / payment of tax liability)
• Footnotes: F1 clarifies this is issuer withholding to satisfy tax obligations (not a voluntary sale by the reporting person). F2 notes certain securities are RSU-based.
• Exhibit/remark: Exhibit 24 — Power of Attorney
• Shares owned after transaction: not specified in the provided filing excerpt

Context

• This was a routine tax-withholding/net-settlement of vested RSUs, not an open-market sale by the insider. Such withholdings are common when RSUs vest and generally do not by themselves signal insider confidence or concern about the company’s prospects. For investors, purchases by insiders tend to be more informative than routine withholding transactions.