Zhang Jason Gechen bought APLD

November 25, 2025 · Form 4 insider transaction

Zhang Jason Gechen bought 170,000 shares of Applied Digital Corporation 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.

Direction
Acquired (buy-side)
Shares
170,000
Price
$0.00
Total value
N/A
Role
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateNovember 25, 2025
Filing dateNovember 28, 2025
Shares owned after1,469,046
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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.

View the original Form 4 on SEC EDGAR