Vasily Shikin - 24 Nov 2025 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
24 Nov 2025
Net transactions value
-$8,532,891
Form type
4
Filing time
26 Nov 2025, 16:08:41 UTC
Previous filing
24 Nov 2025
Next filing
24 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shikin Vasily Chief Technology Officer 1100 PAGE MILL ROAD, PALO ALTO /s/ Victoria Valenzuela, Attorney-in-fact 26 Nov 2025 0001847757

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale $100,039 -187 -0.36% $534.97 51,242 24 Nov 2025 See footnote F1, F2, F3
transaction APP Class A Common Stock Sale $186,438 -348 -0.68% $535.74 50,894 24 Nov 2025 See footnote F1, F3, F4
transaction APP Class A Common Stock Sale $390,914 -728 -1.4% $536.97 50,166 24 Nov 2025 See footnote F1, F3, F5
transaction APP Class A Common Stock Sale $194,171 -361 -0.72% $537.87 49,805 24 Nov 2025 See footnote F1, F3, F6
transaction APP Class A Common Stock Sale $332,049 -616 -1.2% $539.04 49,189 24 Nov 2025 See footnote F1, F3, F7
transaction APP Class A Common Stock Sale $252,570 -468 -0.95% $539.68 48,721 24 Nov 2025 See footnote F1, F3, F8
transaction APP Class A Common Stock Sale $45,954 -85 -0.17% $540.64 48,636 24 Nov 2025 See footnote F1, F3, F9
transaction APP Class A Common Stock Sale $73,163 -135 -0.28% $541.95 48,501 24 Nov 2025 See footnote F1, F3, F10
transaction APP Class A Common Stock Sale $266,652 -491 -1% $543.08 48,010 24 Nov 2025 See footnote F1, F3, F11
transaction APP Class A Common Stock Sale $182,263 -335 -0.7% $544.07 47,675 24 Nov 2025 See footnote F1, F3, F12
transaction APP Class A Common Stock Sale $178,300 -327 -0.69% $545.26 47,348 24 Nov 2025 See footnote F1, F3, F13
transaction APP Class A Common Stock Sale $158,384 -290 -0.61% $546.15 47,058 24 Nov 2025 See footnote F1, F3, F14
transaction APP Class A Common Stock Sale $177,345 -324 -0.69% $547.36 46,734 24 Nov 2025 See footnote F1, F3, F15
transaction APP Class A Common Stock Sale $400,332 -730 -1.6% $548.40 46,004 24 Nov 2025 See footnote F1, F3, F16
transaction APP Class A Common Stock Sale $671,306 -1,222 -2.7% $549.35 44,782 24 Nov 2025 See footnote F1, F3, F17
transaction APP Class A Common Stock Sale $1,176,098 -2,137 -4.8% $550.35 42,645 24 Nov 2025 See footnote F1, F3, F18
transaction APP Class A Common Stock Sale $956,783 -1,735 -4.1% $551.46 40,910 24 Nov 2025 See footnote F1, F3, F19
transaction APP Class A Common Stock Sale $664,933 -1,204 -2.9% $552.27 39,706 24 Nov 2025 See footnote F1, F3, F20
transaction APP Class A Common Stock Sale $416,703 -753 -1.9% $553.39 38,953 24 Nov 2025 See footnote F1, F3, F21
transaction APP Class A Common Stock Sale $345,329 -623 -1.6% $554.30 38,330 24 Nov 2025 See footnote F1, F3, F22
transaction APP Class A Common Stock Sale $429,872 -774 -2% $555.39 37,556 24 Nov 2025 See footnote F1, F3, F23
transaction APP Class A Common Stock Sale $27,251 -49 -0.13% $556.14 37,507 24 Nov 2025 See footnote F1, F3, F24
transaction APP Class A Common Stock Sale $187,572 -336 -0.9% $558.25 37,171 24 Nov 2025 See footnote F1, F3, F25
transaction APP Class A Common Stock Sale $184,556 -330 -0.89% $559.26 36,841 24 Nov 2025 See footnote F1, F3, F26
transaction APP Class A Common Stock Sale $335,107 -598 -1.6% $560.38 36,243 24 Nov 2025 See footnote F1, F3, F27
transaction APP Class A Common Stock Sale $166,694 -297 -0.82% $561.26 35,946 24 Nov 2025 See footnote F1, F3, F28
transaction APP Class A Common Stock Sale $18,008 -32 -0.09% $562.75 35,914 24 Nov 2025 See footnote F1, F3, F29
transaction APP Class A Common Stock Sale $14,105 -25 -0.07% $564.21 35,889 24 Nov 2025 See footnote F1, F3
holding APP Class A Common Stock 425,450 24 Nov 2025 See footnote F30
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2024.
F10 The sales were executed in multiple trades at prices ranging from $541.49 to $542.48. 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.
F11 The sales were executed in multiple trades at prices ranging from $542.57 to $543.54. 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.
F12 The sales were executed in multiple trades at prices ranging from $543.58 to $544.53. 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.
F13 The sales were executed in multiple trades at prices ranging from $544.66 to $545.65. 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.
F14 The sales were executed in multiple trades at prices ranging from $545.76 to $546.70. 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.
F15 The sales were executed in multiple trades at prices ranging from $546.84 to $547.75. 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.
F16 The sales were executed in multiple trades at prices ranging from $547.86 to $548.855. 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.
F17 The sales were executed in multiple trades at prices ranging from $548.86 to $549.85. 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.
F18 The sales were executed in multiple trades at prices ranging from $549.86 to $550.85. 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.
F19 The sales were executed in multiple trades at prices ranging from $550.89 to $551.88. 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.
F2 The sales were executed in multiple trades at prices ranging from $534.23 to $535.21. 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.
F20 The sales were executed in multiple trades at prices ranging from $551.89 to $552.85. 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.
F21 The sales were executed in multiple trades at prices ranging from $552.89 to $553.86. 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.
F22 The sales were executed in multiple trades at prices ranging from $553.90 to $554.895. 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.
F23 The sales were executed in multiple trades at prices ranging from $554.90 to $555.79. 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.
F24 The sales were executed in multiple trades at prices ranging from $555.99 to $556.37. 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.
F25 The sales were executed in multiple trades at prices ranging from $557.74 to $558.70. 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.
F26 The sales were executed in multiple trades at prices ranging from $558.91 to $559.81. 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.
F27 The sales were executed in multiple trades at prices ranging from $560.01 to $560.62. 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.
F28 The sales were executed in multiple trades at prices ranging from $561.16 to $561.50. 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.
F29 The sales were executed in multiple trades at prices ranging from $562.19 to $562.88. 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.
F3 Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
F30 Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children.
F4 The sales were executed in multiple trades at prices ranging from $535.27 to $536.20. 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.
F5 The sales were executed in multiple trades at prices ranging from $536.35 to $537.31. 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.
F6 The sales were executed in multiple trades at prices ranging from $537.35 to $538.34. 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.
F7 The sales were executed in multiple trades at prices ranging from $538.37 to $539.35. 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.
F8 The sales were executed in multiple trades at prices ranging from $539.39 to $540.32. 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.
F9 The sales were executed in multiple trades at prices ranging from $540.44 to $540.89. 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 5 of 5