Insider plans $3.88M Nasdaq stock sale in APLD (NASDAQ: APLD)

Rhea-AI Filing Summary

A stockholder has filed a notice of intent to sell up to 100,000 shares of common stock of the issuer through Charles Schwab Corp on or about 01/29/2026 on the Nasdaq, with an indicated aggregate market value of $3,876,000. These shares were acquired on 10/06/2020 via a Convertible Preferred Note Purchase from the issuer, in a single acquisition of 100,000 shares.

Over the past three months, the same seller, Chuck Hastings, has already sold common shares in three transactions: 50,000 shares on 10/29/2025 for gross proceeds of $1,784,535.26, 25,000 shares on 10/30/2025 for $860,954.16, and 25,000 shares on 10/31/2025 for $856,775.03. The notice also includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer’s operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corp 3000 Schwab Way Westlake TX 76262	100000	3876000.00	279585823	01/29/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/06/2020	Convertible Preferred Note Purchase	Issuer			100000	10/06/2020	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Chuck Hastings 29184 Oold Mill Creek Lane Agoura Hills CA 91301	Common	10/29/2025	50000	1784535.26
Chuck Hastings 29184 Oold Mill Creek Lane, Agoura Hills CA 91301	Common	10/30/2025	25000	860954.16
Chuck Hastings 29184 Oold Mill Creek Lane Agoura Hills CA 91301	Common	10/31/2025	25000	856775.03

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many APLD shares are planned for sale in this Form 144?

The notice covers a planned sale of 100,000 shares of common stock. The planned sale is to be executed through Charles Schwab Corp on the Nasdaq, with an indicated aggregate market value of $3,876,000 at the time of filing.

What is the recent selling history disclosed for APLD in this filing?

Over the prior three months, Chuck Hastings sold 50,000, 25,000, and 25,000 APLD common shares on 10/29/2025, 10/30/2025, and 10/31/2025, respectively, generating gross proceeds of $1,784,535.26, $860,954.16, and $856,775.03.

How were the APLD shares in this Form 144 originally acquired?

The 100,000 shares covered by this notice were acquired on 10/06/2020 via a Convertible Preferred Note Purchase from the issuer. The filing shows the entire block acquired that day, with the payment date matching the acquisition date.

On which exchange are the APLD shares in this Form 144 to be sold?

The notice states that the common shares are expected to be sold on the Nasdaq. The broker listed is Charles Schwab Corp, and the approximate date of sale is indicated as 01/29/2026 for this planned transaction.

How many APLD shares are outstanding according to this Form 144?

The filing reports that 279,585,823 shares of the issuer’s common stock were outstanding. This figure provides a baseline for understanding the relative size of the 100,000-share planned sale disclosed in the notice.

What representation does the seller make about APLD’s undisclosed information?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the standard Form 144 attestation language.