Form 4 for APLD Applied Digital Corp.
Accepted 2026-01-16 00:00:00 ET · period of report 2026-01-14 · accession 0001166816-26-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2026-01-16 | 2026-01-14+ | APLD | Nottenburg Richard N | Dir | S - Sale | $35.37 | -23.6K | 233.4K | -9% | -$834.9K |
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 | 2026-01-14 | S | D | 11,606 | $35.28 | 245,378 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.27 to $35.32, inclusive. (F3) Includes 200,000 RSUs granted on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the Board of Directors of Applied Digital Cloud Corporation, a subsidiary of the Company. The RSUs vest as follows: 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Company and Applied Digital Cloud Corporation on each such date. (F2) Includes 7,747 restricted stock units ("RSUs") granted on November 9, 2025 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, have no expiration date, and vest in full on November 5, 2026, subject to the Reporting Person's continued service through such date. |
| 2 | Common | Common Stock | 2026-01-15 | S | D | 12,000 | $35.45 | 233,378 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.45 to $35.46, inclusive. (F3) Includes 200,000 RSUs granted on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the Board of Directors of Applied Digital Cloud Corporation, a subsidiary of the Company. The RSUs vest as follows: 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Company and Applied Digital Cloud Corporation on each such date. (F2) Includes 7,747 restricted stock units ("RSUs") granted on November 9, 2025 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, have no expiration date, and vest in full on November 5, 2026, subject to the Reporting Person's continued service through such date. |