AppLovin (APP) CLO Corina Cacovean Withholds 1,540 Shares for Taxes

What Happened
Corina Cacovean, Chief Legal Officer of AppLovin Corp (APP), had 1,540 shares withheld by the company to satisfy tax withholding in connection with vested Restricted Stock Units (RSUs). The withholding was recorded at $308.77 per share, for a total value of approximately $475,506. This was a withholding/net-settlement related to RSU vesting, not an open-market sale.

Key Details

• Transaction date: 2026-08-20; Form 4 filed 2026-08-21 (timely filing).
• Shares withheld/disposed: 1,540 shares at $308.77 per share = $475,506.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — shares were withheld by the issuer to satisfy tax obligations (not a sale by the reporting person); F2 — securities involved are RSUs.
• Transaction code: F (payment of tax liability/withholding).

Context
This was a routine tax-withholding/net settlement of vested RSUs, which is common when executives receive equity awards. It does not represent a discretionary sale or a purchase signal by the insider.