Mohmand Mohammad Saidal LaVanway 4
4 · Applied Digital Corp. · Filed Aug 7, 2025
Insider Transaction Report
Form 4
Mohmand Mohammad Saidal LaVanway
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-08-05+20,834→ 272,364 total - Tax Payment
Common Stock
2025-08-05$14.89/sh−8,199$122,083→ 264,165 total - Exercise/Conversion
Common Stock
2025-08-05+20,834→ 284,999 total - Tax Payment
Common Stock
2025-08-05$14.89/sh−8,199$122,083→ 276,800 total - Exercise/Conversion
Restricted Stock Unit
2025-08-05−20,834→ 0 total→ Common Stock (20,834 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-08-05−20,834→ 0 total→ Common Stock (20,834 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") granted on August 5, 2022 represent a contingent right to receive shares of common stock of Applied Digital Corporation the "Issuer") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 20,833 on each of February 5, 2023 and August 5, 2023, 20,834 on February 5, 2024, 20,833 on each of August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- [F2]Represents the withholding of shares of common stock of the Issuer for tax purposes in connection with the vesting of RSUs previously granted, which does not constitute an actual sale or other open market transaction.
- [F3]RSUs granted on August 5, 2022 represent a contingent right to receive shares of common stock of the Issuer on a one-for-one basis. The RSUs have no expiration date and vest as follows: 41,667 on August 5, 2023, 20,833 on each of February 5, 2024, August 5, 2024 and February 5, 2025, and 20,834 on August 5, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.