Cummins Wes bought APLD
October 10, 2025 · Form 4 insider transaction
Cummins Wes bought 200,000 shares of Applied Digital Corporation, 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.
Direction
Acquired (buy-side)
Shares
200,000
Price
N/A
Total value
N/A
InsiderCummins Wes
Role—
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateOctober 10, 2025
Filing dateOctober 14, 2025
Shares owned after2,920,029
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.