Wes Cummins - Oct 31, 2025 Form 4 Insider Report for Applied Digital Corp. (APLD)

Role
CEO; Chairman, Director
Signature
/s/ Mark Chavez as Attorney-in-Fact
Stock symbol
APLD
Transactions as of
Oct 31, 2025
Transactions value $
$0
Form type
4
Date filed
11/4/2025, 09:50 PM
Previous filing
Oct 14, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cummins Wes CEO; Chairman, Director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS /s/ Mark Chavez as Attorney-in-Fact 2025-11-04 0001391935

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLD Common Stock Other -904K -55.58% 722K Oct 31, 2025 See Footnote F1, F2
holding APLD Common Stock 17.6M Oct 31, 2025 See Footnote F3
holding APLD Common Stock 2.84M Oct 31, 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 903,970 shares were indirectly held by 272 Capital, LLC ("272 Capital") pursuant to a certain Investment Management Agreement with the investment manager of certain trading accounts. On October 31, 2025, the Investment Management Agreement was terminated. As a result, the Reporting Person ceased having discretionary or voting authority with respect to the 903,970 shares.
F2 Shares are held by 272 Capital, of which the Reporting Person is the President.
F3 Shares are held by Cummins Family Ltd., of which the Reporting Person is the CEO.
F4 Includes 742,166 shares held in the Reporting Person's IRA.