FilingsForm 4

AppLovin director Chen Herald Y reported sales of 571,420 shares for $213.91 million in May 2025

From the public record1 min read

Published Oct 20, 2026 · 06:37 UTCUpdated Oct 20, 2026 · 12:29 UTCFiled May 15, 2025

Value$149.84 million direct, $64.07 million indirect

Shares400,000 direct, 171,420 indirect

Average price$374.36

FiledMay 15

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Chen Herald Y, a director of AppLovin, reported sales of 571,420 shares at an average of $374.36 for $213.91 million from May 13 to May 14, 2025, in a Form 4, the report an insider files when trading the company's shares. The form shows 400,000 of the shares, sold for $149.84 million, as held directly and acquired on May 14 by exercising a derivative security, and states 221,209 shares held directly after the last sale line. The other 12 sale lines are of shares held by The 2030 High Street Charitable Remainder Annuity Trust, for which the reporting person and his spouse serve as trustees, and the form states 0 shares held indirectly after the last sale line. The Form 4 was filed with the SEC on May 15, 2025, and its remarks label it Form 2 of 2.1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

How each figure was checked15 facts

the issuerAppLovinOur database
the reporting owner as filedChen Herald YOur database
the reporting owner's role as fileddirectorOur database
shares sold on the form571,420Our database
average price per share of the sales (USD)$374.36Our database
value of the sales on the form (USD)$213.91 millionOur database
first trade date on the formMay 13, 2025Our database
last trade date on the formMay 14, 2025Our database
the sale lines by who held the sharesthe sale lines of this form, by who held the shares: held directly: 400000 shares for 149842863.74 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $368.72 to $369.71. The price reported reflects the weighted average sale price. (held indirectly): 25447 shares for 9400376.27 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $369.72 to $370.71. The price reported reflects the weighted average sale price. (held indirectly): 26572 shares for 9834031.48 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $370.72 to $371.71. The price reported reflects the weighted average sale price. (held indirectly): 6880 shares for 2553443.2 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $371.77 to $372.76. The price reported reflects the weighted average sale price. (held indirectly): 4696 shares for 1748039.04 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $372.77 to $373.76. The price reported reflects the weighted average sale price. (held indirectly): 14222 shares for 5310068.14 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $373.77 to $374.76. The price reported reflects the weighted average sale price. (held indirectly): 23482 shares for 8788138.5 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $374.77 to $375.76. The price reported reflects the weighted average sale price. (held indirectly): 16604 shares for 6231979.32 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $375.77 to $376.76. The price reported reflects the weighted average sale price. (held indirectly): 16649 shares for 6263853.27 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $376.77 to $377.75. The price reported reflects the weighted average sale price. (held indirectly): 12815 shares for 4834202.45 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $377.77 to $378.76. The price reported reflects the weighted average sale price. (held indirectly): 14860 shares for 5619457.6 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $378.78 to $379.75. The price reported reflects the weighted average sale price. (held indirectly): 6993 shares for 2651745.6 USD; See footnote, footnote: The sales were executed in multiple trades at prices ranging from $379.78 to $380.53. The price reported reflects the weighted average sale price. (held indirectly): 2200 shares for 835934 USDOur database
how the shares of the sale lines are held12 sale lines held indirectly (See footnote); 9 sale lines held directlyOur database
the form's exercise line (code M), shares acquired on the day of the direct salesexercise of a derivative security (code M): 400,000 shares acquired on May 14, 2025 at $5.05 per share; held directly; 621,209 owned after the lineOur database
shares held after the last sale lineafter the last sale line the form states 0.00 shares of Class A Common Stock held indirectly (See footnote); 221209.00 shares of Class A Common Stock held directlyOur database
Footnote F2 of the Form 4 filed May 15, 2025 (it is attached to that document's line N1, N2, N3, N4, N5, N6, N7, N8, N9, N10, N11, N12)2030Form 4 footnotes and remarks, Form 4 filed May 15, 2025 ↗
day the Form 4 was filedMay 15, 2025Our database
the form's remarks, which read 'Form 2 of 2'2Form 4 footnotes and remarks, Form 4 filed May 15, 2025 ↗

The record

Issuer: AppLovin (CIK 1751008, filed as AppLovin Corp)
Form: 4
Accession: 0001562180-25-003908
Filed: May 15, 2025
Period of report: May 13, 2025
Reporting owner: Chen Herald Y (CIK 1348636)
Relationship: director
Rule 10b5-1 checkbox: Not ticked
Line 1: S (sale) · 25,447 Class A Common Stock at $369.41 · May 13, 2025 · disposed, indirectly, See footnote · 145,973 held after · footnotes F1 and F2
Line 2: S (sale) · 26,572 Class A Common Stock at $370.09 · May 13, 2025 · disposed, indirectly, See footnote · 119,401 held after · footnotes F2 and F3
Line 3: S (sale) · 6,880 Class A Common Stock at $371.14 · May 13, 2025 · disposed, indirectly, See footnote · 112,521 held after · footnotes F2 and F4
Line 4: S (sale) · 4,696 Class A Common Stock at $372.24 · May 13, 2025 · disposed, indirectly, See footnote · 107,825 held after · footnotes F2 and F5
Line 5: S (sale) · 14,222 Class A Common Stock at $373.37 · May 13, 2025 · disposed, indirectly, See footnote · 93,603 held after · footnotes F2 and F6
Line 6: S (sale) · 23,482 Class A Common Stock at $374.25 · May 13, 2025 · disposed, indirectly, See footnote · 70,121 held after · footnotes F2 and F7
Line 7: S (sale) · 16,604 Class A Common Stock at $375.33 · May 13, 2025 · disposed, indirectly, See footnote · 53,517 held after · footnotes F2 and F8
Line 8: S (sale) · 16,649 Class A Common Stock at $376.23 · May 13, 2025 · disposed, indirectly, See footnote · 36,868 held after · footnotes F2 and F9
Line 9: S (sale) · 12,815 Class A Common Stock at $377.23 · May 13, 2025 · disposed, indirectly, See footnote · 24,053 held after · footnotes F2 and F10
Line 10: S (sale) · 14,860 Class A Common Stock at $378.16 · May 13, 2025 · disposed, indirectly, See footnote · 9,193 held after · footnotes F2 and F11
Line 11: S (sale) · 6,993 Class A Common Stock at $379.20 · May 13, 2025 · disposed, indirectly, See footnote · 2,200 held after · footnotes F2 and F12
Line 12: S (sale) · 2,200 Class A Common Stock at $379.97 · May 13, 2025 · disposed, indirectly, See footnote · 0 held after · footnotes F2 and F13
Line 13: M (exercise of a derivative security) · 400,000 Class A Common Stock at $5.05 · May 14, 2025 · acquired, directly · 621,209 held after
Line 14: S (sale) · 9,222 Class A Common Stock at $369.94 · May 14, 2025 · disposed, directly · 611,987 held after · footnote F14
Line 15: S (sale) · 25,770 Class A Common Stock at $371.00 · May 14, 2025 · disposed, directly · 586,217 held after · footnote F15
Line 16: S (sale) · 48,556 Class A Common Stock at $371.84 · May 14, 2025 · disposed, directly · 537,661 held after · footnote F16
Line 17: S (sale) · 47,006 Class A Common Stock at $372.85 · May 14, 2025 · disposed, directly · 490,655 held after · footnote F17
Line 18: S (sale) · 24,338 Class A Common Stock at $373.76 · May 14, 2025 · disposed, directly · 466,317 held after · footnote F18
Line 19: S (sale) · 27,386 Class A Common Stock at $374.89 · May 14, 2025 · disposed, directly · 438,931 held after · footnote F19
Line 20: S (sale) · 110,851 Class A Common Stock at $375.95 · May 14, 2025 · disposed, directly · 328,080 held after · footnote F20
Line 21: S (sale) · 105,803 Class A Common Stock at $376.63 · May 14, 2025 · disposed, directly · 222,277 held after · footnote F21
Line 22: S (sale) · 1,068 Class A Common Stock at $377.37 · May 14, 2025 · disposed, directly · 221,209 held after · footnote F22
Footnote F1: The sales were executed in multiple trades at prices ranging from $368.72 to $369.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F2: Shares are held by The 2030 High Street Charitable Remainder Annuity Trust, for which the Reporting Person and his spouse serve as trustees.
Footnote F3: The sales were executed in multiple trades at prices ranging from $369.72 to $370.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F4: The sales were executed in multiple trades at prices ranging from $370.72 to $371.71. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F5: The sales were executed in multiple trades at prices ranging from $371.77 to $372.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F6: The sales were executed in multiple trades at prices ranging from $372.77 to $373.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F7: The sales were executed in multiple trades at prices ranging from $373.77 to $374.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F8: The sales were executed in multiple trades at prices ranging from $374.77 to $375.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F9: The sales were executed in multiple trades at prices ranging from $375.77 to $376.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F10: The sales were executed in multiple trades at prices ranging from $376.77 to $377.75. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F11: The sales were executed in multiple trades at prices ranging from $377.77 to $378.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F12: The sales were executed in multiple trades at prices ranging from $378.78 to $379.75. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F13: The sales were executed in multiple trades at prices ranging from $379.78 to $380.53. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F14: The sales were executed in multiple trades at prices ranging from $369.35 to $370.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F15: The sales were executed in multiple trades at prices ranging from $370.35 to $371.35. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F16: The sales were executed in multiple trades at prices ranging from $371.35 to $372.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F17: The sales were executed in multiple trades at prices ranging from $372.35 to $373.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F18: The sales were executed in multiple trades at prices ranging from $373.35 to $374.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F19: The sales were executed in multiple trades at prices ranging from $374.35 to $375.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F20: The sales were executed in multiple trades at prices ranging from $375.35 to $376.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F21: The sales were executed in multiple trades at prices ranging from $376.35 to $377.34. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F22: The sales were executed in multiple trades at prices ranging from $377.35 to $377.39. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Footnote F23: Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees.
Remarks: Form 2 of 2