Matthew Stumpf - 20 Nov 2025 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
20 Nov 2025
Transactions value $
-$5,578,249
Form type
4
Filing time
24 Nov 2025, 18:31:34 UTC
Previous filing
31 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stumpf Matthew Chief Financial Officer (CFO) 1100 PAGE MILL ROAD, PALO ALTO /s/ Victoria Valenzuela, Attorney-in-fact 24 Nov 2025 0002003065

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability -$3.06M -5.87K -2.91% $520.82 196K 20 Nov 2025 Direct F1, F2, F3
transaction APP Class A Common Stock Sale -$39.4K -80 -0.04% $492.26 196K 21 Nov 2025 Direct F2, F4, F5
transaction APP Class A Common Stock Sale -$99.1K -200 -0.1% $495.45 196K 21 Nov 2025 Direct F2, F4, F6
transaction APP Class A Common Stock Sale -$59.6K -120 -0.06% $496.33 196K 21 Nov 2025 Direct F2, F4, F7
transaction APP Class A Common Stock Sale -$39.9K -80 -0.04% $498.18 196K 21 Nov 2025 Direct F2, F4
transaction APP Class A Common Stock Sale -$80K -160 -0.08% $500.24 195K 21 Nov 2025 Direct F2, F4, F8
transaction APP Class A Common Stock Sale -$40.2K -80 -0.04% $501.88 195K 21 Nov 2025 Direct F2, F4, F9
transaction APP Class A Common Stock Sale -$40.3K -80 -0.04% $504.32 195K 21 Nov 2025 Direct F2, F4, F10
transaction APP Class A Common Stock Sale -$81K -160 -0.08% $506.46 195K 21 Nov 2025 Direct F2, F4, F11
transaction APP Class A Common Stock Sale -$102K -200 -0.1% $509.67 195K 21 Nov 2025 Direct F2, F4, F12
transaction APP Class A Common Stock Sale -$40.9K -80 -0.04% $510.72 195K 21 Nov 2025 Direct F2, F4, F13
transaction APP Class A Common Stock Sale -$81.9K -160 -0.08% $511.63 195K 21 Nov 2025 Direct F2, F4, F14
transaction APP Class A Common Stock Sale -$118K -230 -0.12% $512.73 194K 21 Nov 2025 Direct F2, F4, F15
transaction APP Class A Common Stock Sale -$41.1K -80 -0.04% $514.08 194K 21 Nov 2025 Direct F2, F4, F16
transaction APP Class A Common Stock Sale -$160K -311 -0.16% $515.73 194K 21 Nov 2025 Direct F2, F4, F17
transaction APP Class A Common Stock Sale -$62K -120 -0.06% $516.73 194K 21 Nov 2025 Direct F2, F4, F18
transaction APP Class A Common Stock Sale -$104K -200 -0.1% $519.49 194K 21 Nov 2025 Direct F2, F4, F19
transaction APP Class A Common Stock Sale -$127K -245 -0.13% $520.29 193K 21 Nov 2025 Direct F2, F4, F20
transaction APP Class A Common Stock Sale -$698K -1.34K -0.69% $521.70 192K 21 Nov 2025 Direct F2, F4, F21
transaction APP Class A Common Stock Sale -$105K -200 -0.1% $523.05 192K 21 Nov 2025 Direct F2, F4, F22
transaction APP Class A Common Stock Sale -$231K -440 -0.23% $524.88 191K 21 Nov 2025 Direct F2, F4, F23
transaction APP Class A Common Stock Sale -$126K -240 -0.13% $525.97 191K 21 Nov 2025 Direct F2, F4, F24
transaction APP Class A Common Stock Sale -$42.2K -80 -0.04% $527.50 191K 21 Nov 2025 Direct F2, F4, F25
* 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 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
F10 The sales were executed in multiple trades at prices ranging from $504.20 to $504.44. 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 $505.96 to $506.85. 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.
F12 The sales were executed in multiple trades at prices ranging from $509.19 to $509.99. 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 $510.22 to $511.21. 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.
F14 The sales were executed in multiple trades at prices ranging from $511.22 to $512.10. 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.
F15 The sales were executed in multiple trades at prices ranging from $512.30 to $513.29. 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 $513.76 to $514.40. 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 $515.35 to $516.30. 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 $516.59 to $516.86. 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.
F19 The sales were executed in multiple trades at prices ranging from $519.00 to $519.86. 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.
F2 Certain of these securities are represented by RSUs.
F20 The sales were executed in multiple trades at prices ranging from $520.01 to $520.95. 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.
F21 The sales were executed in multiple trades at prices ranging from $521.65 to $522.34. 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.
F22 The sales were executed in multiple trades at prices ranging from $522.82 to $523.49. 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 $524.30 to $525.20. 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.
F24 The sales were executed in multiple trades at prices ranging from $525.79 to $526.05. 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 $527.28 to $527.71. 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.
F3 Includes 26 shares acquired under the AppLovin Corporation 2021 Employee Stock Purchase Plan on November 20, 2025.
F4 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025.
F5 The sales were executed in multiple trades at prices ranging from $492.23 to $492.28. 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.
F6 The sales were executed in multiple trades at prices ranging from $494.87 to $495.86. 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.
F7 The sales were executed in multiple trades at prices ranging from $495.90 to $496.55. 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.
F8 The sales were executed in multiple trades at prices ranging from $499.97 to $500.45. 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 $501.84 to $501.92. 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.