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

Role
CEO; Chairman, Director, 10%+ Owner
Signature
/s/ David Rench as Attorney-in-Fact
Stock symbol
APLD
Transactions as of
Nov 27, 2024
Transactions value $
-$1,840,000
Form type
4
Date filed
11/29/2024, 04:05 PM
Previous filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Sale -$1.84M -200K -4.91% $9.20 3.88M Nov 27, 2024 Direct F1, F2
holding APLD Common Stock 17.6M Nov 27, 2024 See Footnote F3
holding APLD Common Stock 1.63M Nov 27, 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.