Ella G. Benson - 24 Nov 2025 Form 4 Insider Report for Applied Digital Corp. (APLD)

Reporting relationship: Director
Issuer ticker: APLD
Reported as of: 24 Nov 2025
Net transaction value: -$199,251
SEC form: 4
Accepted by SEC: 25 Nov 2025, 16:11:27 UTC
Prior SEC filing: 10 Nov 2025
Next SEC filing: 15 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark Chavez as Attorney-in-Fact

Key filing fact

Ella G. Benson filed Form 4 for Applied Digital Corp. (APLD) on 25 Nov 2025.

Key facts

This page summarizes Ella G. Benson's Form 4 filing for Applied Digital Corp. (APLD).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 25 Nov 2025, 16:11.

Change

Previous filing in this sequence was filed on 10 Nov 2025.
Current net transaction value: -$199,251.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001695650 Primary reporting owner

Benson Ella G.

Relationship: Director
Address: 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS
Signature: /s/ Mark Chavez as Attorney-in-Fact
Signature date: 25 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APLD transaction

Common Stock

Sale

Transaction value: $199,251
Shares: -8,581
Change %: -11%
Price: $23.22
Shares after: 68,422
Date: 24 Nov 2025
Ownership: Direct
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2025.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.14 to $23.79, inclusive.

Footnote F3

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 "Issuer") 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.

Footnote F4

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's continued service through such date.