Welcome to our dedicated page for Applied Digital SEC filings (Ticker: APLD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Applied Digital Corporation (APLD) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered summaries that help explain key documents. Applied Digital is a Nevada-incorporated data processing and hosting company that designs, builds, and operates high-performance data centers and colocation services for AI, cloud, networking, and blockchain workloads, and its filings offer detailed insight into how it finances and governs these operations.
Investors can review Applied Digital’s Form 8-K current reports describing material events such as the completion of a $2.35 billion 9.25% senior secured notes offering due 2030 through its subsidiary APLD ComputeCo LLC, the related Indenture and covenants, and the intended use of proceeds for the ELN-02 and ELN-03 data centers at the 400 MW Polaris Forge 1 campus. Other 8-K filings outline preferred equity arrangements with Macquarie Asset Management to fund AI Factory campuses, amendments to the company’s Articles of Incorporation and preferred stock designations, and equity incentive plan changes.
Through this page, users can also locate filings that discuss Applied Digital’s financing framework for its Polaris Forge 1 and Polaris Forge 2 AI Factory campuses, including preferred equity purchase agreements, unit purchase agreements, and revolving credit facilities. Governance-related filings cover matters such as annual meeting voting results, equity plan amendments, and changes to authorized share counts.
Stock Titan enhances these filings with AI-generated summaries that highlight important terms, covenants, and risk factors, helping readers interpret lengthy documents like Indentures, preferred equity agreements, and registration-related disclosures. Users can quickly identify information about Applied Digital’s debt obligations, preferred equity structures, potential dilution from warrants or convertible securities, and other capital structure details, while still having access to the full text filed with the SEC.
Applied Digital Corporation reported new equity incentives tied to its proposed Contribution and Exchange Agreement involving Ekso Bionics Holdings, Inc. On April 9, 2026, APLD ChronoScale Management LLC granted fully vested profits interests awards, called Management Incentive Plan Units, to four executive officers.
These awards were issued under a newly adopted APLD ChronoScale Management LLC Equity Incentive Plan and are designed to track the appreciation in the EKSO equity that the company will hold through HoldCo. In total, the grants to the executives represent approximately 5.25% of the EKSO common shares to be issued to Holdco in the proposed transaction.
Applied Digital Corp. CEO and Chairman Wes Cummins exercised 100,000 restricted stock units into common shares. The RSUs, granted on October 10, 2024, convert to common stock on a one-for-one basis and vested in part on April 10, 2026.
Following the exercise, Cummins held 4,302,400 shares of common stock directly. On the same date, 39,350 shares were withheld at $26.26 per share to cover tax obligations related to the RSU vesting, which the company notes does not constitute an open market sale.
In addition to his direct holdings, 17,590,238 shares are held indirectly by Cummins Family Ltd., where he serves as CEO, and 722,483 shares are held indirectly by 272 Capital, where he was President. His direct position also includes 742,166 shares in his IRA and 1,500,000 RSUs granted on January 6, 2026, which vest over a five-year schedule starting January 6, 2027.
Applied Digital Corporation filed its quarterly report showing rapid balance sheet expansion driven by large financings and data center build-out. Total assets rose to $6.25 billion as of February 28, 2026, with cash and cash equivalents increasing to $1.73 billion and property and equipment to $3.01 billion.
For the quarter, revenue grew to $126.6 million, up from $52.9 million a year earlier, but the company reported a net loss attributable to common stockholders of $100.9 million, or $0.36 per share. Results were affected by higher selling, general and administrative costs and a $59.7 million loss related to remeasuring its Cloud Services Business after it ceased to qualify as held for sale.
Financing activity was significant, including issuance of $2.35 billion of 9.25% 2030 Senior Secured Notes, a new development facility with Macquarie, preferred equity and noncontrolling-interest funding, and sales of common stock under an at-the-market program. The company also consolidated a variable interest entity for its HPC data center joint platform and recorded a large redeemable noncontrolling interest and related derivative assets.
Applied Digital Corporation reported that it issued a press release announcing its financial results for its third fiscal quarter ended February 28, 2026. The company furnished this update through a Form 8-K, with the full earnings details contained in a press release attached as Exhibit 99.1.
The common stock of Applied Digital, trading under the symbol APLD on the Nasdaq Global Select Market, remains the company’s listed equity security. The earnings press release and related information are designated as “furnished” rather than “filed” under the Securities Exchange Act of 1934.
Applied Digital Corp. Chief Financial Officer Mohammad Saidal LaVanway exercised vested restricted stock units into common stock as part of his equity compensation. On April 4, 2026, he acquired a total of 94,167 shares through RSU conversions at a stated price of $0.00 per share.
To cover tax obligations from these vestings, 36,330 shares of common stock were withheld by the company at $24.56 per share, which the filing notes does not constitute an open market sale. After these transactions, he directly held 429,246 shares of common stock.
Footnotes describe RSU grants made on April 4, 2023, October 17, 2024, and February 6, 2026, including a 250,000-unit grant that vests over several years, tying future share delivery to continued employment and, in some cases, board-approved roles.
Applied Digital Corp. CEO Wes Cummins exercised 100,000 restricted stock units into common shares and had shares withheld to cover taxes. On this vesting date, 100,000 RSUs from an April 4, 2023 grant converted into 100,000 shares of common stock at a stated price of $0.00 per share.
To satisfy tax obligations from the immediate vesting of RSUs, 34,579 common shares were withheld at $24.56 per share, which the company notes is not an open‑market sale. Following these transactions, Cummins directly holds 4,241,750 common shares, including 742,166 shares in his IRA, and has additional indirect holdings of 17,590,238 shares through Cummins Family Ltd. and 722,483 shares through 272 Capital. He also holds significant unvested equity awards, including 1,500,000 RSUs granted on January 6, 2026 and 600,000 RSUs granted on October 10, 2024, subject to multi‑year vesting and continued full‑time employment.
Applied Digital Corporation filed an amended report detailing new lease and credit support arrangements for two Polaris Forge 1 data centers in Ellendale, North Dakota.
For its 100 MW ELN-02 facility, two data halls were shifted from the existing CoreWeave Inc. parent lease to a new lease with a CoreWeave special-purpose vehicle on substantially the same terms, with the parent lease term for those halls suspended during the SPV lease. CoreWeave Inc. provided an Unconditional Springing Guaranty for the SPV’s ELN-02 obligations and agreed to deliver a $50,000,000 letter of credit to secure the ELN-02 parent lease. For the 150 MW ELN-03 facility, CoreWeave’s lease was assigned to the same SPV, and CoreWeave Inc. issued a similar guaranty.
The company notes that refinanced indebtedness tied to these facilities received an investment grade A3 rating, compared with CoreWeave Inc.’s BB rating, and that, together with the new guarantees and letter of credit, these actions are favorable to holders of its 9.250% notes due 2030.
Applied Digital Corp: Schedule 13G/A amendment showing no Vanguard beneficial ownership. The filing states that, following an internal realignment, The Vanguard Group reports disaggregated holdings and now reports zero shares beneficially owned of Applied Digital Corp Common Stock, representing 0 shares and 0%.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. It explains the change is an internal reporting realignment in accordance with SEC Release No. 34-39538 (January 12, 1998).
Applied Digital Corporation filed an amended current report to correct and clarify the performance stock unit (PSU) award terms for its President, Jason Zhang. The company entered into an Amended and Restated Performance Stock Unit Award Agreement on March 10, 2026, replacing the original February 6, 2026 agreement.
The correction fixes a scrivener’s error in how performance “Hurdles” are calculated. Existing Polaris Forge 1 data centers now count toward the metrics, and only certain Hurdles require contracts with investment-grade hyperscalers, while others can include contracts with any hyperscaler. Related change-in-control PSU treatment was conformed, and all other material PSU terms remain unchanged.
Applied Digital Corp. president Jason Gechen Zhang reported a tax-related share withholding rather than a market trade. On March 12, 2026, 93,037 shares of common stock at $27.48 per share were withheld to cover tax obligations tied to vesting restricted stock units, leaving him with 1,815,128 shares directly owned.
Footnotes explain this was not an actual sale or open-market transaction. They also note two outstanding restricted stock unit awards of 500,000 RSUs each, which convert into common shares on a one-for-one basis subject to multi-year vesting schedules and continued full-time employment conditions.