Form 4 for APLD Applied Digital Corp.
Accepted 2025-02-06 00:00:00 ET · period of report 2025-01-31 · accession 0001493152-25-005281 · 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 | 2025-02-06 | 2025-01-31 | APLD | Maniscalco Michael | Former Off | M - OptEx | — | +33.3K | 161.2K | +26% | — |
| D | 2025-02-06 | 2025-01-31 | APLD | Maniscalco Michael | Former Off | F - Tax | $7.12 | -9,166 | 152.0K | -6% | -$65.3K |
| D | 2025-02-06 | 2025-01-31 | APLD | Maniscalco Michael | Former Off | M - OptEx | $0.00 | -33.3K | 133.3K | -20% | $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 | 2025-01-31 | M | A | 33,333 | — | 161,192 | D | — | — | (F1) Restricted stock units ("RSUs") represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, cash or a combination thereof. |
| 2 | Common | Common Stock | 2025-01-31 | F | D | 9,166 | $7.12 | 152,026 | D | — | — | (F2) 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 | 2025-01-31 | M | D | 33,333 | $0.00 | 133,334 | D | — · — to — | 33,333 Common Stock | (F1) Restricted stock units ("RSUs") represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, cash or a combination thereof. (F3) RSUs granted on January 31, 2024, vesting as follows: 33,333 on each of July 31, 2024 and January 31, 2025, 33,334 on July 31, 2025, 33,333 on each of January 31, 2026 and July 31, 2026, and 33,334 on January 31, 2027, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. Effective as of January 31, 2025, the Reporting Person has ceased being the Issuer's Chief Technology Officer. (F4) No expiration date. |