Insider trade

Director sold ~$13M of APP shares in the open market

Traded Mar 16, 2026 · Filed Mar 18, 2026

AppLovinAPP

~$13M
Reported value · 29K sh @ $452.50: 7.05M
Holds after · shares reported: -37.9%
stock since the trade · S&P 500 +14.2%, $453.30 → $281.31 on Oct 1

Why it stands out

A board member of AppLovin sold $13M of AppLovin shares. It was planned long ago, so it says very little.

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: Mar 16, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 18, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$13,035,168

Shares × reported transaction price

Timing vs results

33 days after results of Feb 11, 2026, 51 days before results of May 6, 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 $453.30 on Mar 16, 2026, 107% above its 52-week low and 38% below its high, after a 4% drop over the previous 30 trading days

52-week range $219.37 (Apr 4, 2025) to $733.60 (Dec 22, 2025), 45% of the way up, from 251 adjusted closes. 30 trading days earlier: $473.11 on Jan 30, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

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	-11.1%	-2.2%	-8.8%
30 days	+11.6%	+7.4%	+4.2%
90 days	+9.0%	+12.3%	-3.3%
180 days	-24.6%	+14.8%	-39.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001848493-26-000003
Filed / recorded: Mar 18, 2026, 8:20 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: Eduardo Vivas
Relationship: Director
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 16, 2026
Transaction code: S
Shares / units: 28,807
Price per share: $452.50
Acquired / disposed: Disposed (D)
Shares owned after: 7,046,086.249
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 10, 2025.
The sales were executed in multiple trades at prices ranging from $452.00 to $452.995. 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").