Lee Rachel H. sold APLD
October 24, 2025 · Form 4 insider transaction
Lee Rachel H. sold 24,213 shares of Applied Digital Corporation at $33.20 per share, a transaction worth $803.9K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.17 to $33.21, inclusive.; 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.; Includes 46,190 shares of restricted stock granted on February 22, 2024 as an initial grant upon initiation of board service. Of these shares, 15,396 vested on February 22, 2025 and 15,397 will vest on each of February 22, 2026 and February 22, 2027, subject to the Reporting Person being a director of the Issuer on each such date.