Form 4 for APLD Applied Digital Corp.
Accepted 2025-08-07 00:00:00 ET · period of report 2025-08-05 · accession 0001144879-25-000034 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-07 | 2025-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | F - Tax | $14.89 | -32.8K | 3.06M | -1% | -$488.3K |
| D | 2025-08-07 | 2025-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | — | +83.3K | 3.09M | +3% | — |
| D | 2025-08-07 | 2025-08-05 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | $0.00 | -83.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-08-05 | F | D | 32,792 | $14.89 | 3,059,379 | D | — | — | (F3) Represents the withholding of shares of common stock of the Issuer for tax purposes in connection with the vesting of RSUs previously granted, which does not constitute an actual sale or other open market transaction. |
| 2 | Common | Common Stock | 2025-08-05 | M | A | 83,334 | — | 3,092,171 | D | — | — | (F1) Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 83,333 on each of February 5, 2023 and August 5, 2023, 83,334 on February 5, 2024, 83,333 on each of August 5, 2024 and February 5, 2025, and 83,334 on August 5, 2025. (F2) Includes 742,166 shares held in the Reporting Person's IRA. |
| 3 | Derivative | Restricted Stock Unit | 2025-08-05 | M | D | 83,334 | $0.00 | 0 | D | — · — to — | 83,334 Common Stock | (F1) Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 83,333 on each of February 5, 2023 and August 5, 2023, 83,334 on February 5, 2024, 83,333 on each of August 5, 2024 and February 5, 2025, and 83,334 on August 5, 2025. |