FilingsForm 4

AppLovin CEO's Form 4 reported $8.24 million of share sales made on Nov 21, 2025

Value$8.24 million, held indirectly
Shares15,931, held indirectly
Average price$517.11
FiledNov 24

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 15,931 shares for $8.24 million, at an average of $517.11 a share, on Nov 21, 2025. The form listed the 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 4 of 4, was filed with the SEC on Nov 24, 2025 and is on EDGAR, the SEC's filing database.12345678910111213

How each figure was checked13 facts
  1. the reporting owner as the form names themForoughi Arash AdamOur database
  2. the reporting owner's role at the companydirector, officer (CEO & Chairperson) and owner of more than 10% of the sharesOur database
  3. the side of the tradesaleOur database
  4. shares in the sale lines15,931Our database
  5. value of the sale lines$8.24 millionOur database
  6. average price per share of the sale lines$517.11Our database
  7. first day of the tradesNov 21, 2025Our database
  8. last day of the tradesNov 21, 2025Our database
  9. how the shares of the sale lines were held24 sale lines held indirectly (See footnote)Our database
  10. footnote F2: a trust holds the sharesa trust for the reporting person's children holds the sharesFootnotes and remarks of the same Form 4 ↗
  11. 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
  12. the day the Form 4 was filedNov 24, 2025Our database
  13. the remarks line of the Form 4Form 4 of 4Footnotes and remarks of the same Form 4 ↗

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The record

Issuer
AppLovin (CIK 1751008, filed as AppLovin Corp)
Form
4
Accession
0001848395-25-000008
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) · 440 Class A Common Stock at $504.62 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,998,508 held after · footnotes F1 and F2
Line 2
S (sale) · 485 Class A Common Stock at $505.69 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,998,023 held after · footnotes F2 and F3
Line 3
S (sale) · 560 Class A Common Stock at $506.72 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,997,463 held after · footnotes F2 and F4
Line 4
S (sale) · 440 Class A Common Stock at $508.01 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,997,023 held after · footnotes F2 and F5
Line 5
S (sale) · 400 Class A Common Stock at $509.01 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,996,623 held after · footnotes F2 and F6
Line 6
S (sale) · 920 Class A Common Stock at $510.25 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,995,703 held after · footnotes F2 and F7
Line 7
S (sale) · 600 Class A Common Stock at $511.06 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,995,103 held after · footnotes F2 and F8
Line 8
S (sale) · 920 Class A Common Stock at $512.17 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,994,183 held after · footnotes F2 and F9
Line 9
S (sale) · 440 Class A Common Stock at $513.25 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,993,743 held after · footnotes F2 and F10
Line 10
S (sale) · 760 Class A Common Stock at $514.28 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,992,983 held after · footnotes F2 and F11
Line 11
S (sale) · 1,479 Class A Common Stock at $515.17 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,991,504 held after · footnotes F2 and F12
Line 12
S (sale) · 804 Class A Common Stock at $516.20 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,990,700 held after · footnotes F2 and F13
Line 13
S (sale) · 248 Class A Common Stock at $517.38 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,990,452 held after · footnotes F2 and F14
Line 14
S (sale) · 244 Class A Common Stock at $518.07 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,990,208 held after · footnotes F2 and F15
Line 15
S (sale) · 560 Class A Common Stock at $519.45 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,989,648 held after · footnotes F2 and F16
Line 16
S (sale) · 1,142 Class A Common Stock at $520.41 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,988,506 held after · footnotes F2 and F17
Line 17
S (sale) · 560 Class A Common Stock at $521.39 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,987,946 held after · footnotes F2 and F18
Line 18
S (sale) · 720 Class A Common Stock at $522.62 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,987,226 held after · footnotes F2 and F19
Line 19
S (sale) · 840 Class A Common Stock at $523.77 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,986,386 held after · footnotes F2 and F20
Line 20
S (sale) · 1,520 Class A Common Stock at $524.71 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,984,866 held after · footnotes F2 and F21
Line 21
S (sale) · 1,049 Class A Common Stock at $525.76 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,983,817 held after · footnotes F2 and F22
Line 22
S (sale) · 480 Class A Common Stock at $526.61 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,983,337 held after · footnotes F2 and F23
Line 23
S (sale) · 200 Class A Common Stock at $527.96 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,983,137 held after · footnotes F2 and F24
Line 24
S (sale) · 120 Class A Common Stock at $528.76 · Nov 21, 2025 · disposed, indirectly, See footnote · 2,983,017 held after · footnotes F2 and F25
Footnote F1
The sales were executed in multiple trades at prices ranging from $504.06 to $505.01. 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 $505.17 to $506.11. 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 F4
The sales were executed in multiple trades at prices ranging from $506.29 to $507.14. 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 F5
The sales were executed in multiple trades at prices ranging from $507.42 to $508.33. 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 F6
The sales were executed in multiple trades at prices ranging from $508.615 to $509.54. 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 $509.65 to $510.645. 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 $510.70 to $511.69. 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 F9
The sales were executed in multiple trades at prices ranging from $511.70 to $512.69. 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 F10
The sales were executed in multiple trades at prices ranging from $512.7125 to $513.58. 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 $513.73 to $514.69. 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 F12
The sales were executed in multiple trades at prices ranging from $514.73 to $515.72. 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 $515.77 to $516.60. 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 F14
The sales were executed in multiple trades at prices ranging from $516.79 to $517.785. 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 $517.90 to $518.53. 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 F16
The sales were executed in multiple trades at prices ranging from $518.955 to $519.945. 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 $519.975 to $520.97. 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 $520.985 to $521.855. 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.
Footnote F19
The sales were executed in multiple trades at prices ranging from $522.14 to $523.04. 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 F20
The sales were executed in multiple trades at prices ranging from $523.28 to $524.21. 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 F21
The sales were executed in multiple trades at prices ranging from $524.28 to $525.27. 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 F22
The sales were executed in multiple trades at prices ranging from $525.35 to $526.28. 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 F23
The sales were executed in multiple trades at prices ranging from $526.38 to $527.07. 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 F24
The sales were executed in multiple trades at prices ranging from $527.41 to $528.37. 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 F25
The sales were executed in multiple trades at prices ranging from $528.68 to $528.82. 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
Shares are held by The WHK 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 F27
Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. 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.
Remarks
Form 4 of 4
Open the source ↗

Insider purchases and sales of AppLovin shares, 12 months

Total$3.27 billion sold
KKR Group Partnership L.P. · sold, held indirectly$1.63 billion
Chen Herald Y · sold$754.5 million
Foroughi Arash Adam · sold$200.4 million
Chen Herald Y · sold, held indirectly$162.08 million
Shikin Vasily · sold$157.47 million
Vivas Eduardo · sold$155.89 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 Nov 24, 2025
  2. How we collect our data

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