Insider trade

Director sold ~$520K of APP shares in the open market

Traded Nov 7, 2025 · Filed Nov 7, 2025

AppLovinAPP

~$520K
Reported value · 880 sh @ $591.16: 5,177
Holds after · shares reported: -54.6%
stock since the trade · S&P 500 +13.9%, $619.93 → $281.31 on Oct 1

Why it stands out

A board member of AppLovin sold $520K of AppLovin shares. It happened by itself, for taxes or pay.

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 7, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 7, 2025

Director$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$520,221

Shares × reported transaction price

Timing vs results

2 days after results of Nov 5, 2025, 96 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 $619.93 on Nov 7, 2025, 183% above its 52-week low and 14% below its high, after a 7% drop over the previous 30 trading days

52-week range $219.37 (Apr 4, 2025) to $718.54 (Sep 30, 2025), 80% of the way up, from 250 adjusted closes. 30 trading days earlier: $669.86 on Sep 26, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references vesting of compensation awards

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	-17.2%	-2.3%	-14.9%
30 days	+8.0%	+0.9%	+7.1%
90 days	-29.3%	+1.8%	-31.2%
180 days	-26.6%	+8.5%	-35.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001699174-25-000007
Filed / recorded: Nov 7, 2025, 11:54 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: Craig Scott Billings
Relationship: Director
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 7, 2025
Transaction code: S
Shares / units: 880
Price per share: $591.16
Acquired / disposed: Disposed (D)
Shares owned after: 5,177
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales were executed in multiple trades at prices ranging from $591.05 to $591.53. 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.
Certain of these securities are represented by Restricted Stock Units ("RSUs").

Around the same time

Officer sold ~$100K of AppLovin

Scheduled in advance10mo ago

Officer sold ~$186K of AppLovin

Scheduled in advance10mo ago

Officer sold ~$391K of AppLovin

Scheduled in advance10mo ago