Wes Cummins - 27 Nov 2024 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
CEO; Chairman, Director, 10%+ Owner
Signature
/s/ David Rench as Attorney-in-Fact
Issuer symbol
APLD
Transactions as of
27 Nov 2024
Net transactions value
-$1,840,000
Form type
4
Filing time
29 Nov 2024, 16:05:34 UTC
Previous filing
22 Oct 2024
Next filing
07 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Sale $1,840,000 -200,000 -4.9% $9.20 3,875,955 27 Nov 2024 Direct F1, F2
holding APLD Common Stock 17,590,238 27 Nov 2024 See Footnote F3
holding APLD Common Stock 1,626,453 27 Nov 2024 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reportion Person is using the proceeds from the sale of these shares to pay income tax liability associated with the vesting of certain restricted stock units.
F2 Includes 742,166 shares held in the Reporting Person's IRA.
F3 Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO.
F4 Shares are held by 272 Capital, LLC, of which the Reporting Person is the President.