MILLER DOUGLAS S 4

What Happened

• Douglas S. Miller, a director of Applied Digital Corporation (APLD), sold 10,000 shares in an open-market transaction on April 27, 2026. The weighted average price was $34.98 per share, for total proceeds of approximately $349,800. This was a sale (disposition), not a purchase or option exercise.

Key Details

• Transaction date: 2026-04-27 (reported on Form 4 filed 2026-04-28).
• Price: weighted average $34.98; individual sale prices ranged from $34.91 to $35.05 (Footnote F1).
• Total value: ~$349,800.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 notes the weighted-average price and price range; F2 discloses 7,747 RSUs granted Nov 9, 2025 to non-employee directors that convert one-for-one into common shares and vest Nov 5, 2026 (these RSUs are separate and had not vested as of the sale).
• No 10b5‑1 trading plan or late-filing indication was disclosed in the form.

Context

• This was an open-market sale by a non-employee director and does not by itself indicate company performance or insider confidence; sales by directors are often routine liquidity transactions.
• The RSUs mentioned (Footnote F2) are director compensation awards that vest in the future and were not the source of the shares sold.