4//SEC Filing
Benson Ella G. 4
Accession 0001144879-25-000008
CIK 0001144879other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 4:47 PM ET
Size
346.3 KB
Accession
0001144879-25-000008
Insider Transaction Report
Form 4
Benson Ella G.
Director
Transactions
- Sale
Common Stock
2025-05-16$6.50/sh−18,242$118,573→ 111,825 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2025.
- [F2]Includes 28,606 Restricted stock units ("RSUs") granted on December 27, 2024 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 20, 2025, subject to the Reporting Person's continued service through such date.
- [F3]Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 vested on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person being a director of the Issuer on each such date.
Issuer
Applied Digital Corp.
CIK 0001144879
Entity typeother
Related Parties
1- filerCIK 0001695650
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 4:47 PM ET
- Size
- 346.3 KB