Form 4 Filing for Applied Digital Corp. - Officer/Director Transactions

On April 10, 2026, Wes Cummins, CEO and Chairman of Applied Digital Corp., reported several transactions involving the company's common stock and restricted stock units (RSUs). Cummins acquired 100,000 shares of common stock with a transaction price of $0.00, resulting in a post-transaction holding of 4,341,750 shares. Additionally, 39,350 shares were disposed of at a price of $26.26 per share, leaving 4,302,400 shares. The filing also noted the disposal of 100,000 RSUs, with a post-transaction balance of 300,000 RSUs. Footnotes indicate that some holdings include shares in an IRA and that the RSU grants have specific vesting schedules and conditions. The transaction involving the disposal of shares was related to tax withholding for vested RSUs.