Ella G. Benson - 29 Oct 2025 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
Director
Signature
/s/ Mark Chavez as Attorney-in-Fact
Issuer symbol
APLD
Transactions as of
29 Oct 2025
Net transactions value
-$1,502,686
Form type
4
Filing time
31 Oct 2025, 16:43:37 UTC
Previous filing
19 May 2025
Next filing
10 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Benson Ella G. Director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS /s/ Mark Chavez as Attorney-in-Fact 31 Oct 2025 0001695650

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Sale $1,502,686 -42,569 -38% $35.30 69,256 29 Oct 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.20 to $35.49, inclusive.
F2 Includes 28,606 Restricted stock units ("RSUs") granted on December 27, 2024 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 20, 2025, subject to the Reporting Person's continued service through such date.
F3 Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 vested on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person being a director of the Issuer on each such date.