Laltrello Laura 4

What Happened Laura Laltrello, Chief Operating Officer of Applied Digital Corporation (APLD), had 82,764 shares of APLD withheld to cover tax liabilities in connection with the immediate vesting of RSUs. The withholding was recorded at $30.27 per share for a total value of $2,505,266. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: January 6, 2026; Filing date: February 27, 2026 (Form 4 filed late).
• Withheld shares: 82,764 at $30.27 each; total value $2,505,266.
• Transaction code: F — payment of tax liability via share withholding (not a sale to a third party).
• Shares owned after transaction: not specified in the filing provided.
• Footnotes:
  • F1: Withholding of shares for tax purposes related to immediate RSU vesting — not an open-market sale.
  • F2: The filing references a 600,000 RSU grant (Jan 6, 2025) with one-third vesting on Jan 6, 2026 and subsequent vesting installments through Jan 6, 2028, subject to continued employment.

Context This was a routine tax-withholding event tied to RSU vesting (i.e., the company held back shares to satisfy tax obligations). Such withholdings are administrative and do not by themselves indicate insider buying or selling sentiment. Note the Form 4 was filed on Feb 27, 2026 for a Jan 6, 2026 transaction, which is a late filing and may be noted by regulators or investors monitoring insider reporting timeliness.