=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-22
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: AppLovin Corp (APP)
CIK: 0001751008
--- Reporting Owner ---
Name: Shikin Vasily
CIK: 0001847757
Role: Officer (Chief Technology Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -942 | Price: $486.68
Total Value: $458,452.56
Shares Owned After: 19,892 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F2] The sales were executed in multiple trades at prices ranging from $486.23 to $487.225. 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] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -396 | Price: $487.66
Total Value: $193,113.36
Shares Owned After: 19,496 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F4] The sales were executed in multiple trades at prices ranging from $487.23 to $488.21. 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.
[F3] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -254 | Price: $488.74
Total Value: $124,139.96
Shares Owned After: 19,242 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F5] The sales were executed in multiple trades at prices ranging from $488.24 to $489.21. 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.
[F3] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -437 | Price: $489.76
Total Value: $214,025.12
Shares Owned After: 18,805 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F6] The sales were executed in multiple trades at prices ranging from $489.25 to $490.24. 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] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #5]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -386 | Price: $490.71
Total Value: $189,414.06
Shares Owned After: 18,419 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F7] The sales were executed in multiple trades at prices ranging from $490.27 to $491.22. 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] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #6]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -366 | Price: $491.95
Total Value: $180,053.70
Shares Owned After: 18,053 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F8] The sales were executed in multiple trades at prices ranging from $491.32 to $492.27. 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.
[F3] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #7]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -104 | Price: $492.75
Total Value: $51,246.00
Shares Owned After: 17,949 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F9] The sales were executed in multiple trades at prices ranging from $492.46 to $493.22. 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] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
[Transaction #8]
Security: Class A Common Stock
Date: 2026-05-22 | Code: S (Open market sale)
Shares: -4 | Price: $493.66
Total Value: $1,974.64
Shares Owned After: 17,945 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
[F3] Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
--- Footnotes (Complete Index) ---
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
F2: The sales were executed in multiple trades at prices ranging from $486.23 to $487.225. 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: Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
F4: The sales were executed in multiple trades at prices ranging from $487.23 to $488.21. 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.
F5: The sales were executed in multiple trades at prices ranging from $488.24 to $489.21. 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.
F6: The sales were executed in multiple trades at prices ranging from $489.25 to $490.24. 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 $490.27 to $491.22. 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 $491.32 to $492.27. 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.
F9: The sales were executed in multiple trades at prices ranging from $492.46 to $493.22. 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.
--- Signature ---
/s/ /s/ Victoria Valenzuela, Attorney-in-fact (2026-05-27)
