Director Webb gifts 20,920 AppLovin (APP) shares to trusts
AppLovin director Webb Maynard G Jr reported a bona fide gift of 20,920 Class A Common Stock shares to grantor retained annuity trusts, exempt under Rule 16b-5. The shares were previously held indirectly through Webb Investment Network, and no cash consideration was involved in the transaction. Following the gift, Webb Maynard G Jr's indirect holdings are 126,596 shares and direct holdings are 2,632 shares.
https://www.stocktitan.net/sec-filings/APP/form-4-app-lovin-corp-insider-trading-activity-acdd6177e66b.html