AppLovin CTO Vasily Shikin sold 2,889 shares for $1,412,419.40 via scheduled 10b5-1 plan; stock now +23.4% in 30d
Vasily Shikin executed 8 separate sales totaling 2,889 shares for $1,412,419.40 on 2026-05-22, reducing his holdings from 20,834 to 17,945 shares (-13.9%). This sale was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-12-09, meaning the transaction was scheduled rather than discretionary. The blended average sale price of $488.90 contrasts with the current price of $567.83; APP has risen +23.4% in the 30 days following the sale. Shikin's cross-ticker track record shows prior sells averaging +4.7% returns over 90 days, and his 5 prior sales at APP on 2026-03-10 similarly showed positive subsequent 90-day performance (range +1.5% to +6.1%), suggesting a historical pattern where post-sale price appreciation follows his sales. The scheduled nature of this transaction prevents attribution to insider timing or conviction shifts.