October 10, 2025 · Form 4 insider transaction
Cummins Wes bought 200,000 shares of APPLIED DIGITAL CORP, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Restricted stock units ("RSUs") granted on October 10, 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: 200,000 on October 10, 2025 and 100,000 on each of April 10, 2026, October 10, 2026, April 10, 2027 and October 10, 2027.; Includes 742,166 shares held in the Reporting Person's IRA.