Form 4 for APLD Applied Digital Corp.
Accepted 2025-04-08 00:00:00 ET · period of report 2025-04-04 · accession 0001641172-25-003301 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-04-08 | 2025-04-04 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | F - Tax | $4.92 | -22.9K | 251.5K | -8% | -$112.8K |
| DM | 2025-04-08 | 2025-04-04 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | M - OptEx | — | +94.2K | 262.0K | +56% | — |
| DM | 2025-04-08 | 2025-04-04 | APLD | Mohmand Mohammad Saidal LaVanway | CFO | M - OptEx | $0.00 | -94.2K | 408.3K | -19% | $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 | 2025-04-04 | F | D | 19,886 | $4.92 | 242,074 | 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. |
| 2 | Common | Common Stock | 2025-04-04 | M | A | 12,500 | — | 254,574 | D | — | — | (F3) RSUs granted on April 4, 2023 represent a contingent right to receive shares of common stock of the Issuer on a one-for-one basis. The RSUs have no expiration date and vest as follows: 25,000 on April 4, 2024 and 12,500 on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 3 | Common | Common Stock | 2025-04-04 | F | D | 3,044 | $4.92 | 251,530 | 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. |
| 4 | Common | Common Stock | 2025-04-04 | M | A | 81,666 | — | 261,960 | D | — | — | (F1) Restricted stock units ("RSUs") granted on October 17, 2024 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: 81,666 on April 4, 2025, 81,667 on each of October 4, 2025 and April 4, 2026, 81,666 on October 4, 2026, and 81,667 on each of April 4, 2027 and October 4, 2027, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 5 | Derivative | Restricted Stock Unit | 2025-04-04 | M | D | 12,500 | $0.00 | 25,000 | D | — · — to — | 12,500 Common Stock | (F1) Restricted stock units ("RSUs") granted on October 17, 2024 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: 81,666 on April 4, 2025, 81,667 on each of October 4, 2025 and April 4, 2026, 81,666 on October 4, 2026, and 81,667 on each of April 4, 2027 and October 4, 2027, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. (F3) RSUs granted on April 4, 2023 represent a contingent right to receive shares of common stock of the Issuer on a one-for-one basis. The RSUs have no expiration date and vest as follows: 25,000 on April 4, 2024 and 12,500 on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 6 | Derivative | Restricted Stock Unit | 2025-04-04 | M | D | 81,666 | $0.00 | 408,334 | D | — · — to — | 81,666 Common Stock | (F1) Restricted stock units ("RSUs") granted on October 17, 2024 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: 81,666 on April 4, 2025, 81,667 on each of October 4, 2025 and April 4, 2026, 81,666 on October 4, 2026, and 81,667 on each of April 4, 2027 and October 4, 2027, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |