4//SEC Filing
Nottenburg Richard N 4
Accession 0001166816-26-000002
CIK 0001144879other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 4:16 PM ET
Size
7.8 KB
Accession
0001166816-26-000002
Insider Transaction Report
Form 4
Nottenburg Richard N
Director
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-01-14$35.28/sh−11,606$409,460→ 245,378 total - Sale
Common Stock
[F4][F2][F3]2026-01-15$35.45/sh−12,000$425,400→ 233,378 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.27 to $35.32, inclusive.
- [F2]Includes 7,747 restricted stock units ("RSUs") granted on November 9, 2025 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis, have no expiration date, and vest in full on November 5, 2026, subject to the Reporting Person's continued service through such date.
- [F3]Includes 200,000 RSUs granted on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the Board of Directors of Applied Digital Cloud Corporation, a subsidiary of the Company. The RSUs vest as follows: 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Company and Applied Digital Cloud Corporation on each such date.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.45 to $35.46, inclusive.
Signature
/s/ Mark Chavez as Attorney-in-Fact|2026-01-16
Documents
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001166816
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 4:16 PM ET
- Size
- 7.8 KB