Form 4 Filing by Wes Cummins

2026-06-24SEC Filing 4 (0001628280-26-045215)

Wes Cummins, CEO and Chairman of Applied Digital Corp., reported a net acquisition of 485,200 shares of Common Stock on June 22, 2026. This transaction included the acquisition of 800,000 shares upon vesting of performance stock units (PSUs) and the disposal of 314,800 shares for tax withholding purposes. The price per share for the disposed shares was $45.20. Following these transactions, Cummins directly holds 4,787,600 shares. Additionally, indirectly held shares include 17,590,238 shares held by Cummins Family Ltd. and 722,483 shares held by 272 Capital. The vesting of PSUs is detailed in footnote F1, and the tax withholding is explained in footnote F4. Footnotes F2 and F3 provide details on shares held in an IRA and restricted stock units (RSUs).