Richard N. Nottenburg Sells 34,375 Shares of Applied Digital Corp.

On October 24, 2025, Richard N. Nottenburg, a director of Applied Digital Corp., sold 34,375 shares of common stock at a weighted average price of $33.23 per share. The shares were sold in multiple transactions with prices ranging from $33.02 to $33.50. Following this transaction, Nottenburg owns 263,612 shares of common stock, which includes 28,606 restricted stock units (RSUs) granted on December 27, 2024, and 200,000 shares of restricted stock granted on May 13, 2024. The RSUs vest on November 20, 2025, and the restricted stock vests in two tranches on May 13, 2026, and May 13, 2027, contingent on Nottenburg's continued service as a director.