FilingsForm 4

AppLovin CEO's Form 4 reported $18.1 million of share sales made on Nov 21, 2025

From the public record1 min read

Published Oct 20, 2026 · 08:00 UTCFiled Nov 24, 2025

Value$16.07 million direct, $2.02 million indirect

Shares30,888 direct, 4,069 indirect

Average price$517.64

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 34,957 shares for $18.1 million, at an average of $517.64 a share, on Nov 21, 2025. The form listed 30,888 of the shares, for $16.07 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 3 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 lines34,957Our database
value of the sale lines$18.1 millionOur database
average price per share of the sale lines$517.64Our database
first day of the tradesNov 21, 2025Our database
last day of the tradesNov 21, 2025Our database
the sale lines held directly: shares and valueheld directly: 30888 shares for 16070826.68 USDOur database
how the shares of the sale lines were held18 sale lines held directly; 12 sale lines held indirectly (See footnote)Our database
footnote F20: 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 3 of 4Footnotes and remarks of the same Form 4 ↗

The record

Issuer: AppLovin (CIK 1751008, filed as AppLovin Corp)
Form: 4
Accession: 0001848395-25-000007
Filed: Nov 24, 2025
Period of report: Nov 21, 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) · 1,553 Class A Common Stock at $511.67 · Nov 21, 2025 · disposed, directly · 2,582,496 held after · footnotes F1 and F2
Line 2: S (sale) · 1,568 Class A Common Stock at $512.70 · Nov 21, 2025 · disposed, directly · 2,580,928 held after · footnotes F2 and F3
Line 3: S (sale) · 899 Class A Common Stock at $513.88 · Nov 21, 2025 · disposed, directly · 2,580,029 held after · footnotes F2 and F4
Line 4: S (sale) · 3,080 Class A Common Stock at $514.96 · Nov 21, 2025 · disposed, directly · 2,576,949 held after · footnotes F2 and F5
Line 5: S (sale) · 2,352 Class A Common Stock at $515.83 · Nov 21, 2025 · disposed, directly · 2,574,597 held after · footnotes F2 and F6
Line 6: S (sale) · 991 Class A Common Stock at $516.75 · Nov 21, 2025 · disposed, directly · 2,573,606 held after · footnotes F2 and F7
Line 7: S (sale) · 1,040 Class A Common Stock at $518.14 · Nov 21, 2025 · disposed, directly · 2,572,566 held after · footnotes F2 and F8
Line 8: S (sale) · 922 Class A Common Stock at $519.24 · Nov 21, 2025 · disposed, directly · 2,571,644 held after · footnotes F2 and F9
Line 9: S (sale) · 2,691 Class A Common Stock at $520.25 · Nov 21, 2025 · disposed, directly · 2,568,953 held after · footnotes F2 and F10
Line 10: S (sale) · 1,160 Class A Common Stock at $521.03 · Nov 21, 2025 · disposed, directly · 2,567,793 held after · footnotes F2 and F11
Line 11: S (sale) · 2,232 Class A Common Stock at $522.26 · Nov 21, 2025 · disposed, directly · 2,565,561 held after · footnotes F2 and F12
Line 12: S (sale) · 2,327 Class A Common Stock at $523.28 · Nov 21, 2025 · disposed, directly · 2,563,234 held after · footnotes F2 and F13
Line 13: S (sale) · 3,388 Class A Common Stock at $524.38 · Nov 21, 2025 · disposed, directly · 2,559,846 held after · footnotes F2 and F14
Line 14: S (sale) · 3,318 Class A Common Stock at $525.26 · Nov 21, 2025 · disposed, directly · 2,556,528 held after · footnotes F2 and F15
Line 15: S (sale) · 2,234 Class A Common Stock at $526.30 · Nov 21, 2025 · disposed, directly · 2,554,294 held after · footnotes F2 and F16
Line 16: S (sale) · 320 Class A Common Stock at $527.47 · Nov 21, 2025 · disposed, directly · 2,553,974 held after · footnotes F2 and F17
Line 17: S (sale) · 773 Class A Common Stock at $528.37 · Nov 21, 2025 · disposed, directly · 2,553,201 held after · footnotes F2 and F18
Line 18: S (sale) · 40 Class A Common Stock at $529.18 · Nov 21, 2025 · disposed, directly · 2,553,161 held after · footnote F2
Line 19: S (sale) · 149 Class A Common Stock at $490.60 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,002,868 held after · footnotes F19 and F20
Line 20: S (sale) · 200 Class A Common Stock at $491.69 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,002,668 held after · footnotes F20 and F21
Line 21: S (sale) · 320 Class A Common Stock at $492.71 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,002,348 held after · footnotes F20 and F22
Line 22: S (sale) · 280 Class A Common Stock at $494.46 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,002,068 held after · footnotes F20 and F23
Line 23: S (sale) · 440 Class A Common Stock at $495.20 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,001,628 held after · footnotes F20 and F24
Line 24: S (sale) · 480 Class A Common Stock at $496.80 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,001,148 held after · footnotes F20 and F25
Line 25: S (sale) · 520 Class A Common Stock at $497.79 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,000,628 held after · footnotes F20 and F26
Line 26: S (sale) · 360 Class A Common Stock at $499.10 · Nov 21, 2025 · disposed, indirectly, See footnote · 3,000,268 held after · footnotes F20 and F27
Line 27: S (sale) · 400 Class A Common Stock at $500.04 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,999,868 held after · footnotes F20 and F28
Line 28: S (sale) · 320 Class A Common Stock at $500.92 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,999,548 held after · footnotes F20 and F29
Line 29: S (sale) · 360 Class A Common Stock at $502.21 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,999,188 held after · footnotes F20 and F30
Line 30: S (sale) · 240 Class A Common Stock at $503.37 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,998,948 held after · footnotes F20 and F31
Footnote F1: The sales were executed in multiple trades at prices ranging from $511.26 to $512.20. 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: Certain of these securities are represented by Restricted Stock Units ("RSUs").
Footnote F3: The sales were executed in multiple trades at prices ranging from $512.27 to $513.16. 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 $513.39 to $514.33. 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 $514.42 to $515.41. 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 F6: The sales were executed in multiple trades at prices ranging from $515.42 to $516.27. 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 $516.49 to $517.28. 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 $517.55 to $518.31. 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 F9: The sales were executed in multiple trades at prices ranging from $518.57 to $519.55. 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 $519.59 to $520.58. 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 F11: The sales were executed in multiple trades at prices ranging from $520.63 to $521.61. 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 $521.78 to $522.77. 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 F13: The sales were executed in multiple trades at prices ranging from $522.78 to $523.77. 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 F14: The sales were executed in multiple trades at prices ranging from $523.79 to $524.78. 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 F15: The sales were executed in multiple trades at prices ranging from $524.80 to $525.79. 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 $525.80 to $526.78. 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 F17: The sales were executed in multiple trades at prices ranging from $526.97 to $527.95. 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 $527.97 to $528.84. 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 $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 F20: 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 F21: The sales were executed in multiple trades at prices ranging from $491.22 to $492.10. 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 $492.28 to $492.98. 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 $493.85 to $494.77. 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 F24: The sales were executed in multiple trades at prices ranging from $494.87 to $495.71. 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 $496.24 to $497.19. 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 F26: The sales were executed in multiple trades at prices ranging from $497.315 to $498.25. 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 F27: The sales were executed in multiple trades at prices ranging from $498.44 to $499.37. 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 $499.48 to $500.33. 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 $500.62 to $501.34. 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 F30: The sales were executed in multiple trades at prices ranging from $501.70 to $502.60. 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 $502.88 to $503.855. 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 3 of 4