Form 4 for APLD Applied Digital Corp.

Accepted 2026-08-04 18:17:21 ET · period of report 2026-07-31 · accession 0001628280-26-052805 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
2026-08-04 18:17	2026-07-31	APLD	Mohmand Mohammad Saidal LaVanway	CFO	A - Grant	—	+245.0K	971.4K	+34%	—
2026-08-04 18:17	2026-07-31	APLD	Mohmand Mohammad Saidal LaVanway	CFO	F - Tax	$27.39	-96.4K	875.0K	-10%	-$2.64M
2026-08-04 18:17	2026-08-04	APLD	Mohmand Mohammad Saidal LaVanway	CFO	J - Other	—	+13.4K	888.4K	+2%	—

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	2026-07-31	A	A	245,000	—	971,431	D	—	—	(F1) Represents the shares received upon the vesting of 245,000 performance stock units ("PSUs") granted on March 27, 2025, 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") 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	2026-07-31	F	D	96,408	$27.39	875,023	D	—	—	(F3) Represents the withholding of shares of common stock of the Company for tax purposes in connection with the immediate 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") 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.
3	Common	Common Stock	2026-08-04	J	A	13,408	—	888,431	D	—	—	(F4) Reflects the receipt of shares distributed from 272 Capital, LP. (F4) Reflects the receipt of shares distributed from 272 Capital, LP. (F2) Includes 250,000 restricted stock units ("RSUs") granted on February 6, 2026 (the "Grant Date") 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.