Richard N. Nottenburg - 14 Jan 2026 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
14 Jan 2026
Net transactions value
-$834,860
Form type
4
Filing time
16 Jan 2026, 16:16:38 UTC
Previous filing
26 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nottenburg Richard N Director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS /s/ Mark Chavez as Attorney-in-Fact 16 Jan 2026 0001166816

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Sale $409,460 -11,606 -4.5% $35.28 245,378 14 Jan 2026 Direct F1, F2, F3
transaction APLD Common Stock Sale $425,400 -12,000 -4.9% $35.45 233,378 15 Jan 2026 Direct F2, F3, F4
* 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 $35.27 to $35.32, inclusive.
F2 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.
F3 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.
F4 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.