Victoria Valenzuela files Form 144 planned sale of APP worth $11.3MVictoria Valenzuela 提交 Form 144，计划减持 APPLOVIN CORPORATION (APP) $11.3M

# English

Planned Sale Filing Details

On June 4, 2026, AppLovin Corporation (ticker: APP) officer Victoria Valenzuela filed a Form 144 with the U.S. Securities and Exchange Commission, disclosing a planned sale of 20,000 common shares with an aggregate market value of approximately $11,317,832. The proposed sale date aligns with the filing date of June 4, 2026. This pre-disclosure provides market participants with advance warning of potential future equity supply in the public float.

Core Meaning of Form 144

Form 144 is a U.S. SEC-mandated filing for insiders and affiliates to disclose intended stock sales, and serves only as a notice of intent—not as confirmation that shares have already been sold. Unlike executed stock sales reported on Form 4, the transaction detailed in this filing has not yet been completed; confirmation of execution will only come via a subsequent Form 4 submission.

Contextual Reference

Consistent with recent public disclosures, AppLovin officers have already completed multiple stock sales in May 2026: On May 29, 2026, Chief Financial Officer Matthew Stumpf filed a Form 4 disclosing the sale of 9,052 shares for approximately $5,431,200. On May 27, 2026, Chief Technology Officer Vasily Shikin filed multiple Form 4 documents disclosing total sales of roughly 3,737 shares worth over $2.9 million. Additionally, as of December 31, 2025, the company counted 1,664 institutional holders, representing 69.7% of its floating shares, an increase of 116 institutional holders from the prior quarter. As of May 1, 2026, analyst ratings for the stock split into 7 Strong Buys, 21 Buys, and 4 Holds, with no Sell or Strong Sell ratings.

What to Watch Next & Signal Limitations

1. Monitor for subsequent Form 4 filings to confirm whether the planned sale is actually executed;

2. This signal does not prove a change in executive sentiment about the company’s future performance, as the sale may reflect personal liquidity needs or portfolio diversification;

3. This filing is only a pre-disclosure notice, does not constitute any investment advice, and cannot directly predict short-term or long-term stock price fluctuations.