FilingsForm 4

AppLovin officer reports $5 million of shares contributed to an exchange fund on Dec 18, 2025

From the public record1 min read

Published Oct 20, 2026 · 07:48 UTCFiled Dec 19, 2025

Value$5 million

Shares7,609

Average price$657.13

FiledDec 19

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.

Victoria Valenzuela, an AppLovin officer (CALO & Corp. Secretary), reported in a Form 4, the form an insider files when trading the company's shares, a disposal of 7,609 shares on Dec 18, 2025, filed as a sale at $657.13 a share, $5 million in all. A footnote says Valenzuela contributed the shares to an exchange fund in exchange for the right to receive shares in the fund at a later date, expected to be at least seven years after the transfer. The same footnote says the shares were valued at $657.13, the closing price on Nasdaq the day before the exchange, to work out how many shares of the fund are issuable in the exchange. The Form 4 is on the SEC's EDGAR site, filed Dec 19, 2025.1 2 3 4 5 6 7 8 9 10 11

How each figure was checked11 facts

the reporting owner as signed or filedVictoria ValenzuelaOur database
the reporting owner's relationship to the companyofficer (CALO & Corp. Secretary)Our database
the issuerAppLovinOur database
shares sold on the form7,609Our database
day of the tradesDec 18, 2025Our database
the side of the formsaleOur database
average price per share$657.13Our database
value of the sale lines$5 millionOur database
footnote F1: shares contributed to an exchange fundseven; December 5, 2025; December 18, 2025Footnotes of the Form 4 (SEC EDGAR) ↗
footnote F1: the price the shares were valued at for the exchange$657.13Footnotes of the Form 4 (SEC EDGAR) ↗
day the form was filedDec 19, 2025Our database

The record

Issuer: AppLovin (CIK 1751008, filed as AppLovin Corp)
Form: 4
Accession: 0001846998-25-000005
Filed: Dec 19, 2025
Period of report: Dec 18, 2025
Reporting owner: Victoria Valenzuela (CIK 1846998, filed as Valenzuela Victoria)
Relationship: officer (CALO & Corp. Secretary)
Rule 10b5-1 checkbox: Not ticked
Line 1: S (sale) · 7,609 Class A Common Stock at $657.13 · Dec 18, 2025 · disposed, directly · 277,110 held after · footnotes F1 and F2
Footnote F1: The reporting person contributed the Class A Common Stock to an exchange fund in exchange for the right to receive shares in the exchange fund at a later date which is expected to be at least seven years from the date of transfer. The shares were originally transferred into an escrow account on December 5, 2025 before the official contribution on December 18, 2025. The reporting person has no further voting control over the transferred shares, nor does she control the investment decisions of the exchange fund or the shares she ultimately receives in exchange for the transferred shares. For purposes of determining the number of shares of the exchange fund issuable pursuant to such exchange, the Class A Common Stock was valued at $657.13, which was the closing price of the Class A Common Stock on The Nasdaq Global Select Market on the day prior to the exchange.
Footnote F2: Certain of these securities are represented by Restricted Stock Units ("RSUs").