Nottenburg Richard N sold APLD
January 15, 2026 · Form 4 insider transaction
Nottenburg Richard N sold 12,000 shares of Applied Digital Corporation at $35.45 per share, a transaction worth $425.4K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day 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 $35.45 to $35.46, inclusive.; Includes 7,747 restricted stock units ("RSUs") granted on November 9, 2025 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, have no expiration date, and vest in full on November 5, 2026, subject to the Reporting Person's continued service through such date.; Includes 200,000 RSUs granted on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the Board of Directors of Applied Digital Cloud Corporation, a subsidiary of the Company. The RSUs vest as follows: 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Company and Applied Digital Cloud Corporation on each such date.