Filing Details

Accession Number:
0001144879-25-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-19 16:47:59
Reporting Period:
2025-05-16
Filing Date:
2025-05-19
Accepted Time:
2025-05-19 16:47:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1144879 Applied Digital Corp. APLD Services-Computer Processing & Data Preparation (7374) 954863690
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1695650 G. Ella Benson 3811 Turtle Creek Boulevard
Suite 2100
Dallas TX 75219
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2025-05-16 18,242 $6.50 111,825 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2025.
  2. Includes 28,606 Restricted stock units ("RSUs") granted on December 27, 2024 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 20, 2025, subject to the Reporting Person's continued service through such date.
  3. Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 vested on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person being a director of the Issuer on each such date.