Applied Digital Corp. 4

CFO Mohammad Saidal LaVanway had 245,000 PSUs vest, 96,408 shares withheld for taxes, and received 13,408 additional common shares, ending with 888,431 shares of Applied Digital Corp. stock.

On this Form 4, Applied Digital Corp. Chief Financial Officer Mohammad Saidal LaVanway reported the vesting of 245,000 performance stock units (PSUs) into common stock on 2026-07-31, followed the same day by the withholding of 96,408 shares at an implied price of $27.39 per share to satisfy tax obligations associated with the vesting; this tax withholding is a non-open-market, non-discretionary transaction. Subsequently, on 2026-08-04, LaVanway received an additional 13,408 shares of common stock as a distribution from 272 Capital, LP. After these transactions, he beneficially owned 888,431 shares of Applied Digital common stock, and the filing notes a separate grant of 250,000 RSUs on 2026-02-06 that will vest over time, subject to continued employment, but that RSU grant itself is not itemized as a new transaction in this Form 4.

Filing Facts

CIK

1144879

Ticker

APLD

Form

4

Source Type

sec

Accession

0001628280-26-052805

Alert Tier

7