AppLovin CEO Arash Foroughi Sells 27,000+ Shares in Multiple Transactions

This Form 4 filing reports that Arash Adam Foroughi, CEO and Director of AppLovin Corp (APP), engaged in significant stock sales during June 10-11, 2026. Foroughi sold a total of 27,000+ shares through multiple transactions at prices ranging from $473.55 to $516.51 per share. The sales included both direct holdings and indirect holdings through The JAF Children's Trust, for which Foroughi disclaims beneficial ownership. The transactions were executed in multiple trades with weighted average prices reported. Following these sales, Foroughi's direct holdings decreased to approximately 2.4 million shares, while indirect holdings through the trust decreased to approximately 2.96 million shares. The filing represents Form 1 of 3 and includes detailed footnotes explaining the transaction price ranges and ownership nature.