Mohammad Saidal LaVanway Mohmand - Oct 4, 2025 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role: Chief Financial Officer
Signature: /s/ Mark Chavez as Attorney-in-Fact
Stock symbol: APLD
Transactions as of: Oct 4, 2025
Transactions value $: -$983,069
Form type: 4
Date filed: 10/7/2025, 04:33 PM
Previous filing: Sep 5, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Mohmand Mohammad Saidal LaVanway	Chief Financial Officer	3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS	/s/ Mark Chavez as Attorney-in-Fact	2025-10-07	0002041154

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APLD	Common Stock	Options Exercise		+81.7K	+40.47%		283K	Oct 4, 2025	Direct	F1
transaction	APLD	Common Stock	Tax liability	-$853K	-32.1K	-11.34%	$26.53	251K	Oct 4, 2025	Direct	F2
transaction	APLD	Common Stock	Options Exercise		+12.5K	+4.97%		264K	Oct 4, 2025	Direct	F3
transaction	APLD	Common Stock	Tax liability	-$131K	-4.92K	-1.86%	$26.53	259K	Oct 4, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	APLD	Restricted Stock Unit	Options Exercise	$0	-81.7K	-20%	$0.00	327K	Oct 4, 2025	Common Stock	81.7K		Direct	F1
transaction	APLD	Restricted Stock Unit	Options Exercise	$0	-12.5K	-50%	$0.00	12.5K	Oct 4, 2025	Common Stock	12.5K		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") granted on October 17, 2024 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: 81,666 on April 4, 2025, 81,667 on each of October 4, 2025 and April 4, 2026, 81,666 on October 4, 2026, and 81,667 on each of April 4, 2027 and October 4, 2027, 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 April 4, 2023 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: 25,000 on April 4, 2024 and 12,500 on each of October 4, 2024, April 4, 2025, October 4, 2025 and April 4, 2026, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.