Director Webb sells 3,076 shares at $516.25–$524.12 for $1.6M via scheduled 10b5-1 plan
Maynard G Jr Webb (Director) executed 9 separate sales totaling 3,076 shares for $1,603,489.12 on 2026-07-06 under a pre-arranged 10b5-1 trading plan adopted on 2026-03-03, reducing his holdings from 123,520 to 120,444 shares. The sales are scheduled, not discretionary, so no timing inference is appropriate. His prior trades at APP (5 prior sells) showed 30-day returns between -8.9% and -11.1%, and his cross-ticker track record (9 prior sells) averaged +24.6% over 90 days post-sale, indicating the stock subsequently rose after his historical sells. The current stock price of $522.18 is -30.0% from its 52-week high of $745.61 but +37.7% over the trailing 90 days.