January 6, 2025 · Form 4 insider transaction
Laltrello Laura bought 600,000 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 2 days after the transaction.
Restricted stock units ("RSUs") granted on January 6, 2025 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 January 6, 2026 and one-sixth of the RSUs on July 6, 2026, January 6, 2027, July 6, 2027 and January 6, 2028, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.