AppLovin CTO Vasily Shikin Sells 55,000+ Shares Under 10b5-1 Plan

AppLovin Corporation Chief Technology Officer Vasily Shikin filed a Form 4 disclosing the sale of 55,000+ shares of Class A Common Stock on May 22, 2026. The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025, with sales occurring at prices ranging from $477.09 to $493.66 per share. The sales included both direct holdings and shares held indirectly through the ES48 Holdings Trust for family benefit. Following the transactions, Shikin's direct holdings decreased to approximately 3.19 million shares, while indirect holdings were reduced to about 18,805 shares. The sales represent a significant divestment by a key executive but were conducted under a pre-established trading plan, which typically indicates planned diversification rather than a reaction to company-specific developments.