Applied Digital Corp. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| MILLER DOUGLAS S | — | Sale | 8,000 | $26.98 | $215,840 | 210,859 | Nov 28, 2025 |
| Zhang Jason Gechen | Chief Strategy Officer | Tax Withholding | 60,881 | $24.94 | $1,518,372 | 1,408,165 | Nov 25, 2025 |
| Benson Ella G. | — | Sale | 8,581 | $23.22 | $199,251 | 68,422 | Nov 24, 2025 |
| MILLER DOUGLAS S | — | Award / Grant | 7,747 | — | — | 218,859 | Nov 9, 2025 |
| Nottenburg Richard N | — | Award / Grant | 7,747 | — | — | 256,984 | Nov 9, 2025 |
| Lee Rachel H. | — | Award / Grant | 7,747 | — | — | 67,147 | Nov 9, 2025 |
| HASTINGS CHUCK | — | Award / Grant | 7,747 | — | — | 434,359 | Nov 9, 2025 |
| Benson Ella G. | — | Award / Grant | 7,747 | — | — | 77,003 | Nov 9, 2025 |
| Cummins Wes | CEO; Chairman | Other | 903,970 | — | — | 722,483 | Oct 31, 2025 |
| Nottenburg Richard N | — | Sale | 5,000 | $34.80 | $174,000 | 258,612 | Oct 31, 2025 |
| HASTINGS CHUCK | — | Sale | 25,000 | $34.27 | $856,750 | 426,612 | Oct 29, 2025 |
| Benson Ella G. | — | Sale | 42,569 | $35.30 | $1,502,686 | 69,256 | Oct 29, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Sale | 37,503 | $36.47 | $1,367,734 | 121,409 | Oct 24, 2025 |
| Nottenburg Richard N | — | Sale | 34,375 | $33.23 | $1,142,281 | 263,612 | Oct 24, 2025 |
| Lee Rachel H. | — | Sale | 24,213 | $33.20 | $803,872 | 59,400 | Oct 24, 2025 |
| Cummins Wes | CEO; Chairman | Tax Withholding | 78,700 | $33.99 | $2,675,013 | 2,841,329 | Oct 10, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Option Exercise | 12,500 | — | — | 263,831 | Oct 4, 2025 |
| Cummins Wes | CEO; Chairman | Tax Withholding | 39,350 | $26.53 | $1,043,956 | 2,720,029 | Oct 4, 2025 |
| Nottenburg Richard N | — | Sale | 20,000 | $15.26 | $305,200 | 297,987 | Sep 3, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Sale | 75,000 | $15.26 | $1,144,500 | 201,800 | Sep 3, 2025 |
| Cummins Wes | CEO; Chairman | Sale | 400,000 | $15.26 | $6,104,000 | 2,659,379 | Sep 3, 2025 |
| HASTINGS CHUCK | — | Sale | 30,000 | $14.73 | $441,900 | 501,612 | Aug 12, 2025 |
| Zhang Jason Gechen | Chief Strategy Officer | Award / Grant | 750,000 | — | — | 1,299,046 | Aug 8, 2025 |
| Nottenburg Richard N | — | Sale | 11,250 | $14.22 | $159,975 | 317,987 | Aug 8, 2025 |
| MILLER DOUGLAS S | — | Sale | 10,000 | $15.00 | $150,000 | 211,112 | Aug 7, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Option Exercise | 20,834 | — | — | 272,364 | Aug 5, 2025 |
| Cummins Wes | CEO; Chairman | Option Exercise | 83,334 | — | — | 3,092,171 | Aug 5, 2025 |
| HASTINGS CHUCK | — | Sale | 100,000 | $13.33 | $1,333,000 | 531,612 | Aug 4, 2025 |
| Nottenburg Richard N | — | Sale | 13,686 | $12.50 | $171,075 | 329,237 | Aug 4, 2025 |
| MILLER DOUGLAS S | — | Sale | 10,000 | $13.63 | $136,300 | 221,112 | Aug 4, 2025 |
| Lee Rachel H. | — | Sale | 24,212 | $7.00 | $169,484 | 83,613 | May 21, 2025 |
| Benson Ella G. | — | Sale | 18,242 | $6.50 | $118,573 | 111,825 | May 16, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Option Exercise | 81,666 | — | — | 261,960 | Apr 4, 2025 |
| Cummins Wes | CEO; Chairman | Tax Withholding | 29,442 | $4.92 | $144,855 | 3,008,837 | Apr 4, 2025 |
| Cummins Wes | CEO; Chairman | Other | 1,000,000 | — | — | 2,938,279 | Mar 26, 2025 |
| Cummins Wes | CEO; Chairman | Tax Withholding | 21,009 | $8.10 | $170,173 | 3,938,279 | Feb 5, 2025 |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Option Exercise | 20,833 | — | — | 185,367 | Feb 5, 2025 |
| Maniscalco Michael | — | Tax Withholding | 9,166 | $7.12 | $65,262 | 152,026 | Jan 31, 2025 |
| MILLER DOUGLAS S | — | Gift | 1,500 | — | — | 232,612 | Jan 29, 2025 |
| Nottenburg Richard N | — | Sale | 20,000 | $8.85 | $177,000 | 342,923 | Jan 17, 2025 |
| Laltrello Laura | Chief Operating Officer | Award / Grant | 600,000 | — | — | 600,000 | Jan 6, 2025 |
| Benson Ella G. | — | Award / Grant | 28,606 | — | — | 130,067 | Dec 27, 2024 |
| Nottenburg Richard N | — | Award / Grant | 28,606 | — | — | 362,923 | Dec 27, 2024 |
| MILLER DOUGLAS S | — | Award / Grant | 28,606 | — | — | 234,112 | Dec 27, 2024 |
| Lee Rachel H. | — | Award / Grant | 28,606 | — | — | 107,825 | Dec 27, 2024 |
| HASTINGS CHUCK | — | Award / Grant | 28,606 | — | — | 631,612 | Dec 27, 2024 |
| RENCH DAVID | Chief Administrative Officer | Tax Withholding | 31,958 | $10.10 | $322,776 | 385,288 | Dec 1, 2024 |
| Cummins Wes | CEO; Chairman | Sale | 200,000 | $9.20 | $1,840,000 | 3,875,955 | Nov 27, 2024 |
| Nottenburg Richard N | — | Sale | 50,000 | $9.20 | $460,000 | 334,317 | Nov 27, 2024 |
| REED KATE | — | Disposition | 15,650 | — | — | 341,510 | Nov 20, 2024 |