Form 4 Filing for Applied Digital Corp. - Officer Transaction
2026-09-14SEC Filing 4 (0001900445-26-000004)
This filing reports a transaction by Zhang Jason Gechen, President of Applied Digital Corp. On September 12, 2026, Mr. Gechen disposed of 49,188 shares of common stock at a price of $26.42 per share. This transaction was made for tax purposes in connection with the immediate vesting of restricted stock units (RSUs) and does not represent an actual sale. The filing also provides details on outstanding RSUs granted on February 6, 2026, and August 8, 2025, outlining their vesting schedules and conditions. Following this transaction, Mr. Gechen beneficially owns 2,539,227 shares.