July 31, 2026 · Form 4 insider transaction
Laltrello Laura sold 260,640 shares of Applied Digital Corporation at $27.39 per share, a transaction worth $7.14M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents the withholding of shares of common stock of the Company for tax purposes in connection with the vesting of PSUs, which does not constitute an actual sale or other open market transaction.; Includes remaining amount of 600,000 restricted stock units ("RSUs") granted on January 6, 2025. The RSUs represent a contingent right to receive shares of common stock of the Company on a one-for-one basis, have no expiration date, and vest as follows: one-third of the RSUs vested on January 6, 2026, one-sixth of the RSUs vested on July 6, 2026, and one-sixth of the RSUs shall vest on 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.