AppLovin CEO Arash Adam Foroughi sells $25.31 million of shares

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.

AppLovin chief executive Arash Adam Foroughi, whom the form lists as also a director and an owner of more than 10% of the shares, sold 52,165 shares from Jun 11 to Jun 12, 2026. The shares sold for $25.31 million, an average of $485.14 a share, according to a Form 4, the filing that insiders send the SEC to report their trades, filed on Jun 12, 2026. The SEC files individuals surname first, so the form lists the owner as Foroughi Arash Adam; it is signed by Gordon Grafft as attorney-in-fact.1^,2^,3^,4^,5^,6^,7^,8^,9^,10

The shares were held directly. After the last sale line, the form states 2,350,228 shares of Class A common stock held directly. A footnote says certain of these securities are represented by restricted stock units, or RSUs, shares promised to an employee that vest over time.11^,12^,13

The form reports the sale in 30 lines, each a weighted average price for sales executed in multiple trades. On Jun 11, the lines run from $479.47 to $493.96; on Jun 12, from $473.92 to $488.65.11^,14^,15^,16^,17^,18^,19

The form's Rule 10b5-1 box, which would mark a sale made under a trading plan set up in advance, is not ticked. That box covers the form as a whole and does not say whether any one line was under a plan.20^,21

AppLovin is listed as NASDAQ: APP and is classed as a services company. In the 12 months to the end of Jun 12, 2026, counting what we held by the end of Oct 20, 2026, 53 Form 4s report open-market sales by AppLovin insiders worth $976.11 million, and 0 report open-market purchases. Over the same window, Form 4s whose first reporting owner is Foroughi show 16 filings with open-market sales worth $221.27 million, counting shares held through a firm or a trust.22^,23^,24^,25^,26^,27^,28

Our records hold no Form 4/A of this filing that passed our checks, so its lines are as first filed. Holdings that the form reports without a transaction are not read.29^,30