AppLovin CTO Ge Xiaochuan Withholds 5,459 Shares for Taxes

What Happened Ge Xiaochuan, Chief Technology Officer of AppLovin Corp (APP), had 5,459 shares withheld by the company to satisfy tax and withholding obligations in connection with the vesting and net settlement of previously granted restricted stock units. The withholding was recorded at $308.77 per share, totaling approximately $1,685,575. This was not an open-market sale by the insider but a company withholding to cover taxes.

Key Details

• Transaction date: 2026-08-20 (filed with SEC on 2026-08-21)
• Shares affected: 5,459 shares
• Price per share used for withholding: $308.77
• Total value withheld: ~$1,685,575
• Footnotes: F1 — issuer withheld shares to satisfy income tax/withholding obligations (not a sale). F2 — the securities were RSUs and performance-based RSUs (PSUs).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Timeliness: Filing appears timely (reported the day after the transaction).

Context This was a routine tax-withholding/net-settlement of vested RSUs/PSUs, common when equity awards vest. Because the company withheld shares rather than the insider selling on the open market, this action does not reflect an explicit buy or sell decision by the insider.