FilingsForm 4

AppLovin CEO's Form 4 reported $13.37 million of share sales made on Nov 20 and Nov 21, 2025

From the public record1 min read

Published Oct 20, 2026 · 07:59 UTCFiled Nov 24, 2025

Value$8.6 million direct, $4.78 million indirect

Shares17,112 direct, 8,582 indirect

Average price$520.54

FiledNov 24

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.

A Form 4, the form an insider files when trading the company's shares, from AppLovin CEO and chairperson Foroughi Arash Adam reported sales of 25,694 shares for $13.37 million, at an average of $520.54 a share, on Nov 20 and Nov 21, 2025. The form listed 17,112 of the shares, for $8.6 million, as held directly, and the other sales as held indirectly, in a trust for the reporting person's children. The form's Rule 10b5-1 box, which flags sales made under a plan set in advance, was not ticked. The form, marked in its remarks as Form 2 of 4, was filed with the SEC on Nov 24, 2025 and is on EDGAR, the SEC's filing database.1 2 3 4 5 6 7 8 9 10 11 12 13 14

How each figure was checked14 facts

the reporting owner as the form names themForoughi Arash AdamOur database
the reporting owner's role at the companydirector, officer (CEO & Chairperson) and owner of more than 10% of the sharesOur database
the side of the tradesaleOur database
shares in the sale lines25,694Our database
value of the sale lines$13.37 millionOur database
average price per share of the sale lines$520.54Our database
first day of the tradesNov 20, 2025Our database
last day of the tradesNov 21, 2025Our database
the sale lines held directly: shares and valueheld directly: 17112 shares for 8598515.35 USDOur database
how the shares of the sale lines were held10 sale lines held indirectly (See footnote); 20 sale lines held directlyOur database
footnote F2: a trust holds the sharesa trust for the reporting person's children holds the sharesFootnotes and remarks of the same Form 4 ↗
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
the day the Form 4 was filedNov 24, 2025Our database
the remarks line of the Form 4Form 2 of 4Footnotes and remarks of the same Form 4 ↗

The record

Issuer: AppLovin (CIK 1751008, filed as AppLovin Corp)
Form: 4
Accession: 0001848395-25-000006
Filed: Nov 24, 2025
Period of report: Nov 20, 2025
Reporting owner: Foroughi Arash Adam (CIK 1848395)
Relationship: director, officer (CEO & Chairperson) and owner of more than 10% of the shares
Rule 10b5-1 checkbox: Not ticked
Line 1: S (sale) · 1,041 Class A Common Stock at $552.82 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,010,558 held after · footnotes F1 and F2
Line 2: S (sale) · 1,521 Class A Common Stock at $553.64 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,009,037 held after · footnotes F2 and F3
Line 3: S (sale) · 1,019 Class A Common Stock at $554.67 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,008,018 held after · footnotes F2 and F4
Line 4: S (sale) · 921 Class A Common Stock at $555.57 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,007,097 held after · footnotes F2 and F5
Line 5: S (sale) · 640 Class A Common Stock at $556.82 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,006,457 held after · footnotes F2 and F6
Line 6: S (sale) · 920 Class A Common Stock at $558.10 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,005,537 held after · footnotes F2 and F7
Line 7: S (sale) · 680 Class A Common Stock at $558.87 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,004,857 held after · footnotes F2 and F8
Line 8: S (sale) · 640 Class A Common Stock at $559.95 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,004,217 held after · footnotes F2 and F9
Line 9: S (sale) · 760 Class A Common Stock at $561.13 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,003,457 held after · footnotes F2 and F10
Line 10: S (sale) · 440 Class A Common Stock at $561.89 · Nov 20, 2025 · disposed, indirectly, See footnote · 3,003,017 held after · footnotes F2 and F11
Line 11: S (sale) · 480 Class A Common Stock at $490.63 · Nov 21, 2025 · disposed, directly · 2,600,681 held after · footnotes F12 and F13
Line 12: S (sale) · 560 Class A Common Stock at $492.10 · Nov 21, 2025 · disposed, directly · 2,600,121 held after · footnotes F13 and F14
Line 13: S (sale) · 360 Class A Common Stock at $492.70 · Nov 21, 2025 · disposed, directly · 2,599,761 held after · footnotes F13 and F15
Line 14: S (sale) · 280 Class A Common Stock at $493.84 · Nov 21, 2025 · disposed, directly · 2,599,481 held after · footnotes F13 and F16
Line 15: S (sale) · 1,120 Class A Common Stock at $494.97 · Nov 21, 2025 · disposed, directly · 2,598,361 held after · footnotes F13 and F17
Line 16: S (sale) · 640 Class A Common Stock at $495.78 · Nov 21, 2025 · disposed, directly · 2,597,721 held after · footnotes F13 and F18
Line 17: S (sale) · 1,020 Class A Common Stock at $496.93 · Nov 21, 2025 · disposed, directly · 2,596,701 held after · footnotes F13 and F19
Line 18: S (sale) · 1,287 Class A Common Stock at $498.13 · Nov 21, 2025 · disposed, directly · 2,595,414 held after · footnotes F13 and F20
Line 19: S (sale) · 600 Class A Common Stock at $499.27 · Nov 21, 2025 · disposed, directly · 2,594,814 held after · footnotes F13 and F21
Line 20: S (sale) · 1,003 Class A Common Stock at $500.15 · Nov 21, 2025 · disposed, directly · 2,593,811 held after · footnotes F13 and F22
Line 21: S (sale) · 671 Class A Common Stock at $501.18 · Nov 21, 2025 · disposed, directly · 2,593,140 held after · footnotes F13 and F23
Line 22: S (sale) · 544 Class A Common Stock at $502.41 · Nov 21, 2025 · disposed, directly · 2,592,596 held after · footnotes F13 and F24
Line 23: S (sale) · 560 Class A Common Stock at $503.09 · Nov 21, 2025 · disposed, directly · 2,592,036 held after · footnotes F13 and F25
Line 24: S (sale) · 840 Class A Common Stock at $504.47 · Nov 21, 2025 · disposed, directly · 2,591,196 held after · footnotes F13 and F26
Line 25: S (sale) · 760 Class A Common Stock at $505.57 · Nov 21, 2025 · disposed, directly · 2,590,436 held after · footnotes F13 and F27
Line 26: S (sale) · 1,040 Class A Common Stock at $506.48 · Nov 21, 2025 · disposed, directly · 2,589,396 held after · footnotes F13 and F28
Line 27: S (sale) · 720 Class A Common Stock at $507.36 · Nov 21, 2025 · disposed, directly · 2,588,676 held after · footnotes F13 and F29
Line 28: S (sale) · 880 Class A Common Stock at $508.49 · Nov 21, 2025 · disposed, directly · 2,587,796 held after · footnotes F13 and F30
Line 29: S (sale) · 1,523 Class A Common Stock at $509.63 · Nov 21, 2025 · disposed, directly · 2,586,273 held after · footnotes F13 and F31
Line 30: S (sale) · 2,224 Class A Common Stock at $510.77 · Nov 21, 2025 · disposed, directly · 2,584,049 held after · footnotes F13 and F32
Footnote F1: The sales were executed in multiple trades at prices ranging from $552.19 to $553.14. 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 JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Footnote F3: The sales were executed in multiple trades at prices ranging from $553.20 to $554.19. 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 $554.20 to $555.19. 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 $555.20 to $556.18. 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 $556.27 to $557.21. 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 $557.47 to $558.43. 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 $558.50 to $559.285. 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 $559.57 to $560.46. 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 $560.62 to $561.59. 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 $561.68 to $562.46. 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 $490.22 to $491.09. 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 F13: Certain of these securities are represented by Restricted Stock Units ("RSUs").
Footnote F14: The sales were executed in multiple trades at prices ranging from $491.32 to $492.31. 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 $492.33 to $493.04. 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 $493.37 to $494.31. 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 $494.43 to $495.36. 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 $495.44 to $496.41. 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 $496.46 to $497.42. 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 $497.67 to $498.64. 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 $498.74 to $499.69. 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 F22: The sales were executed in multiple trades at prices ranging from $499.75 to $500.70. 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 $500.80 to $501.58. 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 $501.81 to $502.71. 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 F25: The sales were executed in multiple trades at prices ranging from $502.83 to $503.25. 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 $503.92 to $504.91. 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: The sales were executed in multiple trades at prices ranging from $505.11 to $506.08. 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 F28: The sales were executed in multiple trades at prices ranging from $506.13 to $507.09. 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 F29: The sales were executed in multiple trades at prices ranging from $507.16 to $507.99. 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 F30: The sales were executed in multiple trades at prices ranging from $508.19 to $509.18. 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 F31: The sales were executed in multiple trades at prices ranging from $509.20 to $510.18. 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 F32: The sales were executed in multiple trades at prices ranging from $510.23 to $511.22. 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.
Remarks: Form 2 of 4