Form 4 Filing for Applied Digital Corp. - Cummins Wes

On October 16, 2026, Wes Cummins, CEO and Chairman of Applied Digital Corp. (APLD), acquired 55,803 shares of common stock through a transaction coded as "P", with shares acquired ("A") at a price of $18.04 per share. Following this transaction, Cummins directly owns 5,874,453 shares. Additionally, Cummins holds a significant number of shares indirectly through various entities: 17,590,238 shares are held by Cummins Family Ltd., where he serves as CEO, and 12,798 shares are held by 272 Capital, where he was formerly President. The filing also notes that 1,500,000 restricted stock units (RSUs) granted on January 6, 2026, are subject to vesting conditions and potential accelerated vesting. Some shares are held within an IRA, as indicated by footnote F2.