Arash Adam Foroughi - 21 Nov 2025 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
21 Nov 2025
Net transactions value
-$18,095,174
Form type
4
Filing time
24 Nov 2025, 18:18:05 UTC
Previous filing
24 Nov 2025
Next filing
24 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Foroughi Arash Adam CEO & Chairperson, Director, 10%+ Owner 1100 PAGE MILL ROAD, PALO ALTO /s/ Victoria Valenzuela, Attorney-in-fact 24 Nov 2025 0001848395

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale $794,624 -1,553 -0.06% $511.67 2,582,496 21 Nov 2025 Direct F1, F2
transaction APP Class A Common Stock Sale $803,914 -1,568 -0.06% $512.70 2,580,928 21 Nov 2025 Direct F2, F3
transaction APP Class A Common Stock Sale $461,978 -899 -0.03% $513.88 2,580,029 21 Nov 2025 Direct F2, F4
transaction APP Class A Common Stock Sale $1,586,077 -3,080 -0.12% $514.96 2,576,949 21 Nov 2025 Direct F2, F5
transaction APP Class A Common Stock Sale $1,213,232 -2,352 -0.09% $515.83 2,574,597 21 Nov 2025 Direct F2, F6
transaction APP Class A Common Stock Sale $512,099 -991 -0.04% $516.75 2,573,606 21 Nov 2025 Direct F2, F7
transaction APP Class A Common Stock Sale $538,866 -1,040 -0.04% $518.14 2,572,566 21 Nov 2025 Direct F2, F8
transaction APP Class A Common Stock Sale $478,739 -922 -0.04% $519.24 2,571,644 21 Nov 2025 Direct F2, F9
transaction APP Class A Common Stock Sale $1,399,993 -2,691 -0.1% $520.25 2,568,953 21 Nov 2025 Direct F2, F10
transaction APP Class A Common Stock Sale $604,395 -1,160 -0.05% $521.03 2,567,793 21 Nov 2025 Direct F2, F11
transaction APP Class A Common Stock Sale $1,165,684 -2,232 -0.09% $522.26 2,565,561 21 Nov 2025 Direct F2, F12
transaction APP Class A Common Stock Sale $1,217,673 -2,327 -0.09% $523.28 2,563,234 21 Nov 2025 Direct F2, F13
transaction APP Class A Common Stock Sale $1,776,599 -3,388 -0.13% $524.38 2,559,846 21 Nov 2025 Direct F2, F14
transaction APP Class A Common Stock Sale $1,742,813 -3,318 -0.13% $525.26 2,556,528 21 Nov 2025 Direct F2, F15
transaction APP Class A Common Stock Sale $1,175,754 -2,234 -0.09% $526.30 2,554,294 21 Nov 2025 Direct F2, F16
transaction APP Class A Common Stock Sale $168,790 -320 -0.01% $527.47 2,553,974 21 Nov 2025 Direct F2, F17
transaction APP Class A Common Stock Sale $408,430 -773 -0.03% $528.37 2,553,201 21 Nov 2025 Direct F2, F18
transaction APP Class A Common Stock Sale $21,167 -40 -0% $529.18 2,553,161 21 Nov 2025 Direct F2
transaction APP Class A Common Stock Sale $73,099 -149 -0% $490.60 3,002,868 21 Nov 2025 See footnote F19, F20
transaction APP Class A Common Stock Sale $98,338 -200 -0.01% $491.69 3,002,668 21 Nov 2025 See footnote F20, F21
transaction APP Class A Common Stock Sale $157,667 -320 -0.01% $492.71 3,002,348 21 Nov 2025 See footnote F20, F22
transaction APP Class A Common Stock Sale $138,449 -280 -0.01% $494.46 3,002,068 21 Nov 2025 See footnote F20, F23
transaction APP Class A Common Stock Sale $217,888 -440 -0.01% $495.20 3,001,628 21 Nov 2025 See footnote F20, F24
transaction APP Class A Common Stock Sale $238,464 -480 -0.02% $496.80 3,001,148 21 Nov 2025 See footnote F20, F25
transaction APP Class A Common Stock Sale $258,851 -520 -0.02% $497.79 3,000,628 21 Nov 2025 See footnote F20, F26
transaction APP Class A Common Stock Sale $179,676 -360 -0.01% $499.10 3,000,268 21 Nov 2025 See footnote F20, F27
transaction APP Class A Common Stock Sale $200,016 -400 -0.01% $500.04 2,999,868 21 Nov 2025 See footnote F20, F28
transaction APP Class A Common Stock Sale $160,294 -320 -0.01% $500.92 2,999,548 21 Nov 2025 See footnote F20, F29
transaction APP Class A Common Stock Sale $180,796 -360 -0.01% $502.21 2,999,188 21 Nov 2025 See footnote F20, F30
transaction APP Class A Common Stock Sale $120,809 -240 -0.01% $503.37 2,998,948 21 Nov 2025 See footnote F20, F31
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
F2 Certain of these securities are represented by Restricted Stock Units ("RSUs").
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

Remarks:

Form 3 of 4