Form 4 for APLD Applied Digital Corp.
Accepted 2025-10-07 00:00:00 ET · period of report 2025-10-04 · accession 0001144879-25-000050 · 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 | 2025-10-07 | 2025-10-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | — | +100.0K | 2.76M | +4% | — |
| D | 2025-10-07 | 2025-10-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | F - Tax | $26.53 | -39.4K | 2.72M | -1% | -$1.04M |
| D | 2025-10-07 | 2025-10-04 | APLD | Cummins Wes | CEO, COB, Dir, 10% | M - OptEx | $0.00 | -100.0K | 100.0K | -50% | $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 | 2025-10-04 | M | A | 100,000 | — | 2,759,379 | D | — | — | (F1) Restricted stock units ("RSUs") granted on April 4, 2023 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: 200,000 on April 4, 2024 and 100,000 on each of October 4, 2024, April 4, 2025, October 4, 2025, and April 4, 2026. (F2) Includes 742,166 shares held in the Reporting Person's IRA. |
| 2 | Common | Common Stock | 2025-10-04 | F | D | 39,350 | $26.53 | 2,720,029 | 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. |
| 3 | Derivative | Restricted Stock Unit | 2025-10-04 | M | D | 100,000 | $0.00 | 100,000 | D | — · — to — | 100,000 Common Stock | (F1) Restricted stock units ("RSUs") granted on April 4, 2023 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: 200,000 on April 4, 2024 and 100,000 on each of October 4, 2024, April 4, 2025, October 4, 2025, and April 4, 2026. |