Insider trade

CEO sold ~$311K of APP shares in the open market

Traded Nov 20, 2025 · Filed Nov 24, 2025

AppLovinAPP

~$311K
Reported value · 573 sh @ $542.61: 3.01M
Holds after · shares reported: -45.9%
stock since the trade · S&P 500 +18.7%, $520.82 → $281.97 on Oct 5

Why it stands out

The boss of AppLovin sold $311K of AppLovin shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 20, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 24, 2025

CEOIndirect holding$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$310,916

Shares × reported transaction price

Timing vs results

15 days after results of Nov 5, 2025, 83 days before results of Feb 11, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $520.82 on Nov 20, 2025, 137% above its 52-week low and 28% below its high, after a 13% drop over the previous 30 trading days

52-week range $219.37 (Apr 4, 2025) to $718.54 (Sep 30, 2025), 60% of the way up, from 250 adjusted closes. 30 trading days earlier: $600.32 on Oct 9, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Mar 24, 2025 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.

Brownback v. AppLovin Corporation, docket 4:25-cv-02772, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+17.4%	+1.0%	+16.5%
30 days	+28.4%	+2.3%	+26.2%
90 days	-31.6%	+1.1%	-32.6%
180 days	-7.5%	+11.2%	-18.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001848395-25-000005
Filed / recorded: Nov 24, 2025, 11:17 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: AppLovin Corp
Issuer CIK: 1751008
Ticker: APP
Reporting person: Arash Adam Foroughi
Relationship: Director, Officer, 10% owner
Officer title: CEO & Chairperson
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 20, 2025
Transaction code: S
Shares / units: 573
Price per share: $542.61
Acquired / disposed: Disposed (D)
Shares owned after: 3,014,204
Ownership form: Indirect — See footnote
Amendment: No

Footnotes from the filing

The sales were executed in multiple trades at prices ranging from $542.06 to $543.04. 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.
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.