November 25, 2025 · Form 4 insider transaction
Zhang Jason Gechen bought 170,000 shares of APPLIED DIGITAL CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Restricted stock units ("RSUs") granted on November 25, 2025, that immediately vested upon grant in accordance with the terms of the award agreement.; Includes 750,000 RSUs granted on August 8, 2025. The RSUs represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, have no expiration date, and vest as follows: one-third of the RSUs on March 12, 2026 and one-sixth of the RSUs on September 12, 2026, March 12, 2027, September 12, 2027 and March 12, 2028, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.