FilingsForm 4

AppLovin director Chen Herald Y sold 367,009 shares for $167.51 million from Aug 12 to Aug 13, 2025

Value$167.51 million
Shares367,009
Average price$456.43
FiledAug 14

AppLovin director Chen Herald Y sold 367,009 shares for $167.51 million from Aug 12 to Aug 13, 2025, at an average price of $456.43 a share. The Form 4, the form an insider files when trading the company's shares, also lists an exercise of options for 200,000 shares acquired on each of those days, and on Aug 12 a conversion of a derivative security for 200,000 shares, and its Rule 10b5-1 box is not ticked. The form lists all 26 sale lines as held directly and states 414,920 Class A shares held directly after the last of them. The Form 4, marked as Form 1 of 2 in its remarks, was filed with the SEC on Aug 14, 2025.1234567891011121314151617

How each figure was checked17 facts
  1. the reporting owner as filedChen Herald YOur database
  2. the reporting owner's relationship to the companydirectorOur database
  3. the side of the tradessaleOur database
  4. shares sold367,009Our database
  5. value of the sale$167.51 millionOur database
  6. average price per share$456.43Our database
  7. date of the first tradeAug 12, 2025Our database
  8. date of the last tradeAug 13, 2025Our database
  9. the form's exercise line (code M) of the first day of salesexercise of a derivative security (code M): 200,000 shares acquired on Aug 12, 2025 at $5.05 per share; held directly; 581,929 owned after the lineOur database
  10. the form's exercise line (code M) of the second day of salesexercise of a derivative security (code M): 200,000 shares acquired on Aug 13, 2025 at $5.05 per share; held directly; 581,929 owned after the lineOur database
  11. the form's conversion line (code C) of the first day of salesconversion of a derivative security (code C): 200,000 shares acquired on Aug 12, 2025 at $0.00 per share; held directly; 381,929 owned after the lineOur database
  12. Footnote F28 of the Form 4 filed Aug 14, 2025 (it is attached to that document's line D2, D3)SEC EDGAR, footnotes of the Form 4 filed Aug 14, 2025 ↗
  13. the form's Rule 10b5-1 checkboxnot ticked: the filing marks no transaction on the form as made under a Rule 10b5-1 planOur database
  14. how the sale lines are held26 sale lines held directlyOur database
  15. shares stated after the last sale lineafter the last sale line the form states 414920.00 shares of Class A Common Stock held directlyOur database
  16. the day the Form 4 was filedAug 14, 2025Our database
  17. the form's remarksForm 1 of 2SEC EDGAR, footnotes of the Form 4 filed Aug 14, 2025 ↗

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The record

Issuer
AppLovin (CIK 1751008, filed as AppLovin Corp)
Form
4
Accession
0001562180-25-005784
Filed
Aug 14, 2025
Period of report
Aug 12, 2025
Reporting owner
Chen Herald Y (CIK 1348636)
Relationship
director
Rule 10b5-1 checkbox
Not ticked
Line 1
C (conversion of a derivative security) · 200,000 Class A Common Stock at $0.00 · Aug 12, 2025 · acquired, directly · 381,929 held after · footnote F1
Line 2
M (exercise of a derivative security) · 200,000 Class A Common Stock at $5.05 · Aug 12, 2025 · acquired, directly · 581,929 held after · footnote F1
Line 3
S (sale) · 3,075 Class A Common Stock at $459.43 · Aug 12, 2025 · disposed, directly · 578,854 held after · footnotes F1 and F2
Line 4
S (sale) · 11,820 Class A Common Stock at $460.22 · Aug 12, 2025 · disposed, directly · 567,034 held after · footnotes F1 and F3
Line 5
S (sale) · 14,159 Class A Common Stock at $461.12 · Aug 12, 2025 · disposed, directly · 552,875 held after · footnotes F1 and F4
Line 6
S (sale) · 11,758 Class A Common Stock at $462.29 · Aug 12, 2025 · disposed, directly · 541,117 held after · footnotes F1 and F5
Line 7
S (sale) · 22,452 Class A Common Stock at $463.32 · Aug 12, 2025 · disposed, directly · 518,665 held after · footnotes F1 and F6
Line 8
S (sale) · 24,771 Class A Common Stock at $464.28 · Aug 12, 2025 · disposed, directly · 493,894 held after · footnotes F1 and F7
Line 9
S (sale) · 33,875 Class A Common Stock at $465.40 · Aug 12, 2025 · disposed, directly · 460,019 held after · footnotes F1 and F8
Line 10
S (sale) · 44,978 Class A Common Stock at $466.28 · Aug 12, 2025 · disposed, directly · 415,041 held after · footnotes F1 and F9
Line 11
S (sale) · 24,298 Class A Common Stock at $467.19 · Aug 12, 2025 · disposed, directly · 390,743 held after · footnotes F1 and F10
Line 12
S (sale) · 6,462 Class A Common Stock at $468.18 · Aug 12, 2025 · disposed, directly · 384,281 held after · footnotes F1 and F11
Line 13
S (sale) · 2,252 Class A Common Stock at $469.08 · Aug 12, 2025 · disposed, directly · 382,029 held after · footnotes F1 and F12
Line 14
S (sale) · 100 Class A Common Stock at $470.20 · Aug 12, 2025 · disposed, directly · 381,929 held after · footnote F1
Line 15
M (exercise of a derivative security) · 200,000 Class A Common Stock at $5.05 · Aug 13, 2025 · acquired, directly · 581,929 held after · footnote F1
Line 16
S (sale) · 2,300 Class A Common Stock at $439.57 · Aug 13, 2025 · disposed, directly · 579,629 held after · footnotes F1 and F13
Line 17
S (sale) · 3,120 Class A Common Stock at $440.70 · Aug 13, 2025 · disposed, directly · 576,509 held after · footnotes F1 and F14
Line 18
S (sale) · 6,839 Class A Common Stock at $441.61 · Aug 13, 2025 · disposed, directly · 569,670 held after · footnotes F1 and F15
Line 19
S (sale) · 7,310 Class A Common Stock at $442.68 · Aug 13, 2025 · disposed, directly · 562,360 held after · footnotes F1 and F16
Line 20
S (sale) · 11,291 Class A Common Stock at $443.56 · Aug 13, 2025 · disposed, directly · 551,069 held after · footnotes F1 and F17
Line 21
S (sale) · 11,743 Class A Common Stock at $444.58 · Aug 13, 2025 · disposed, directly · 539,326 held after · footnotes F1 and F18
Line 22
S (sale) · 23,779 Class A Common Stock at $445.71 · Aug 13, 2025 · disposed, directly · 515,547 held after · footnotes F1 and F19
Line 23
S (sale) · 32,065 Class A Common Stock at $446.57 · Aug 13, 2025 · disposed, directly · 483,482 held after · footnotes F1 and F20
Line 24
S (sale) · 30,466 Class A Common Stock at $447.42 · Aug 13, 2025 · disposed, directly · 453,016 held after · footnotes F1 and F21
Line 25
S (sale) · 8,226 Class A Common Stock at $448.70 · Aug 13, 2025 · disposed, directly · 444,790 held after · footnotes F1 and F22
Line 26
S (sale) · 10,135 Class A Common Stock at $449.57 · Aug 13, 2025 · disposed, directly · 434,655 held after · footnotes F1 and F23
Line 27
S (sale) · 9,865 Class A Common Stock at $450.58 · Aug 13, 2025 · disposed, directly · 424,790 held after · footnotes F1 and F24
Line 28
S (sale) · 4,370 Class A Common Stock at $451.44 · Aug 13, 2025 · disposed, directly · 420,420 held after · footnotes F1 and F25
Line 29
S (sale) · 5,500 Class A Common Stock at $452.74 · Aug 13, 2025 · disposed, directly · 414,920 held after · footnotes F1 and F26
Derivative line 1
C (conversion of a derivative security) · 200,000 Class B Common Stock · Aug 12, 2025 · disposed, directly · 517,467 held after · footnote F27
Derivative line 2
M (exercise of a derivative security) · 200,000 Stock Option (Right to Buy) at $0.00 · Aug 12, 2025 · disposed, directly · 780,201 held after · footnote F28
Derivative line 3
M (exercise of a derivative security) · 200,000 Stock Option (Right to Buy) at $0.00 · Aug 13, 2025 · disposed, directly · 580,201 held after · footnote F28
Footnote F1
Certain of these securities are represented by Restricted Stock Units ("RSUs").
Footnote F2
The sales were executed in multiple trades at prices ranging from $458.77 to $459.76. 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 F3
The sales were executed in multiple trades at prices ranging from $459.78 to $460.77. 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 $460.78 to $461.71. 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 $461.79 to $462.78. 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 $462.79 to $463.78. 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 $463.79 to $464.78. 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 $464.79 to $465.78. 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 $465.79 to $466.78. 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 $466.79 to $467.78. 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 $467.79 to $468.78. 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 $468.79 to $469.69. 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 $439.04 to $440.03. 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 $440.08 to $441.06. 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 $441.08 to $442.07. 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 $442.09 to $443.08. 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 $443.09 to $444.08. 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 $444.10 to $445.09. 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 $445.10 to $446.09. 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 $446.10 to $447.09. 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 $447.10 to $448.07. 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 $448.13 to $449.12. 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
The sales were executed in multiple trades at prices ranging from $449.13 to $450.11. 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 F24
The sales were executed in multiple trades at prices ranging from $450.13 to $451.12. 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 F25
The sales were executed in multiple trades at prices ranging from $451.13 to $452.12. 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 F26
The sales were executed in multiple trades at prices ranging from $452.18 to $453.12. 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 F27
Shares of Class B Common Stock are exchangeable at any time, at the option of the Reporting Person and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock.
Footnote F28
The option is fully vested and exercisable.
Remarks
Form 1 of 2
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Insider purchases and sales of AppLovin shares, 12 months

Total$3.18 billion sold
KKR Group Partnership L.P. · sold, held indirectly$1.63 billion
Chen Herald Y · sold$673.13 million
Shikin Vasily · sold$347.38 million
Foroughi Arash Adam · sold$146.28 million
Chen Herald Y · sold, held indirectly$140.28 million
Vivas Eduardo · sold$78.04 million
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About AppLovin

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Revenue$5.48 billionYear to Dec 31, 2025 · +69.99% year over year
Operating income$4.15 billionYear to Dec 31, 2025 · +117.27% year over year
Net income$3.33 billionYear to Dec 31, 2025 · +111.03% year over year

Source: SEC EDGAR XBRL financial data · filed Aug 5, 2026

Open roles
36 open roles · 6 posted this week · 1 job board
Layoffs, 12 months
No WARN notices in the US states we read

Sources

  1. SEC EDGAR, Form 4 filed Aug 14, 2025
  2. How we collect our data

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