Mohmand Mohammad Saidal LaVanway 4

What Happened Mohmand Mohammad Saidal LaVanway, Chief Financial Officer of Applied Digital Corp. (APLD), received a grant of 250,000 restricted stock units (RSUs) on February 6, 2026. The award was granted at $0 (RSUs represent a contingent right to receive shares one-for-one), so no cash was exchanged at grant. This is a compensation/retention award rather than an open-market purchase or sale.

Key Details

• Transaction date: February 6, 2026; Form 4 filed February 9, 2026. No indication in the filing that this was late.
• Security/amount: 250,000 restricted stock units (RSUs) granted; grant price listed as $0.00.
• Vesting: 50,000 RSUs vest on February 6, 2027 (cliff); remaining RSUs vest in equal installments of 25,000 every six months thereafter, fully vested on the five-year anniversary of the grant (Feb 6, 2031), subject to continued full-time employment in a Board‑approved role or accelerated vesting on certain conditions (see footnote).
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnote(s): F1 describes the RSU terms and vesting schedule (one-for-one share conversion, no expiration, employment condition and possible acceleration).
• Transaction type: Award/Grant (code A).

Context RSU grants are common executive compensation and primarily serve as retention/incentive tools; they do not indicate an immediate purchase or sale of shares. The economic value to the insider will depend on Applied Digital’s share price when RSUs actually vest and convert to common stock.