Applied Digital Corp: director Richard N Nottenburg sold 31,250 shares

What happened Richard N Nottenburg, a director, sold 31,250 shares of Applied Digital Corp in an open-market or private sale on Oct 13, 2026. The filing reports a weighted average price of $21.84 per share and proceeds of $682,500.

Key details

• Transaction date and price: Oct 13, 2026 — sale of 31,250 shares; weighted average price $21.84; prices ranged from $21.81 to $21.88 (per footnote F1).
• Transaction code and method: S (Sale) — listed as open market or private sale.
• Filing date: filed Oct 15, 2026. The filing does not indicate it was late.
• Ownership notes: the filing includes footnote F2, which states it includes 7,747 restricted stock units granted Nov 9, 2025 to non-employee directors; the RSUs convert one-for-one into common stock, have no expiration, and vest in full on Nov 5, 2026 subject to continued service. The filing does not state the total number of shares owned after the transaction.

Why it may matter

• This was a market sale of existing shares (transaction code S) executed in multiple trades at prices between $21.81 and $21.88.
• The transaction was not reported as an option exercise, award, or gift in the filing.
• The filing does not show why the insider traded or why the company acted.