Insider Transactions of Wes Cummins
2026-04-07SEC Filing 4 (0001391935-26-000003)
Wes Cummins, CEO and Chairman of Applied Digital Corp., reported several transactions on April 4, 2026. Cummins acquired 100,000 shares of Common Stock through the vesting of Restricted Stock Units (RSUs) with no price per share, increasing his post-transaction shares to 4,276,329. He also disposed of 34,579 shares of Common Stock at a price of $24.56 per share, resulting in 4,241,750 shares remaining. Additionally, a derivative transaction involved the disposal of 100,000 RSUs, with the underlying security being Common Stock. The filing also notes indirect holdings of 17,590,238 and 722,483 shares of Common Stock, with details provided in footnotes regarding an IRA and shares held by associated entities.