Form 4 for APLD Applied Digital Corp.
Accepted 2026-06-24 16:36:53 ET · period of report 2026-06-22 · accession 0001628280-26-045212 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-24 16:36 | 2026-06-22 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | A - Grant | — | +490.0K | 919.2K | +114% | — | |
| 2026-06-24 16:36 | 2026-06-22 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | F - Tax | $45.20 | -192.8K | 726.4K | -21% | -$8.72M |
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 | 2026-06-22 | A | A | 490,000 | — | 919,246 | D | — | — | (F1) Shares received upon the vesting of 490,000 performance stock units ("PSUs") granted on November 15, 2024, which represented a contingent right to receive shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis. (F2) Includes 250,000 restricted stock units ("RSUs") granted on February 6, 2026 (the "Grant Date") which represent a contingent right to receive shares of common stock of the Company on a one-for-one basis, have no expiration date, and vest as follows: 50,000 RSUs on February 6, 2027 (the "Cliff Date") with the remainder vesting in equal installments of 25,000 RSUs every six months every six months after the Cliff Date, such that the RSUs will be fully vested on the five-year anniversary of the Grant Date, each such vesting subject to the Reporting Person's continued full-time employment with the Company in a role approved by the Board of Directors of the Company through the applicable vesting date or accelerated vesting upon certain conditions. |
| 2 | Common | Common Stock | 2026-06-22 | F | D | 192,815 | $45.20 | 726,431 | D | — | — | (F3) Represents the withholding of shares of common stock of the Company for tax purposes in connection with the vesting of PSUs, which does not constitute an actual sale or other open market transaction. (F2) Includes 250,000 restricted stock units ("RSUs") granted on February 6, 2026 (the "Grant Date") which represent a contingent right to receive shares of common stock of the Company on a one-for-one basis, have no expiration date, and vest as follows: 50,000 RSUs on February 6, 2027 (the "Cliff Date") with the remainder vesting in equal installments of 25,000 RSUs every six months every six months after the Cliff Date, such that the RSUs will be fully vested on the five-year anniversary of the Grant Date, each such vesting subject to the Reporting Person's continued full-time employment with the Company in a role approved by the Board of Directors of the Company through the applicable vesting date or accelerated vesting upon certain conditions. |