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.
Applied Digital Corporation SEC filings document material events, operating results, capital structure, and governance for a data-center infrastructure company serving AI, HPC, cloud, networking, and blockchain workloads.
Recent filings include Form 8-K and 8-K/A disclosures covering hyperscaler data-center leases, senior secured debt issued through subsidiaries, bridge facilities, guarantees tied to power-generation support, investor presentations, quarterly financial results, and compensation arrangements. The filings also describe shareholder voting matters, material agreements, collateral and security terms, and financing arrangements associated with developing large-scale AI Factory campuses.
Applied Digital Corporation (APLD) Form 4 shows that Jason Gechen Zhang, identified as the company’s Chief Strategy Officer, was granted 750,000 restricted stock units (RSUs) on 08/08/2025. The filing records the transaction as an acquisition of Common Stock at $0 and reports 1,299,046 shares beneficially owned following the reported transaction, held directly.
The RSUs represent a contingent right to receive common shares on a one-for-one basis, have no expiration date, and vest subject to continued employment: one-third on March 12, 2026 and one-sixth on September 12, 2026, March 12, 2027, September 12, 2027, and March 12, 2028. The Form 4 was signed by Mark Chavez as attorney-in-fact on 08/12/2025.
Applied Digital Corp (APLD) insider disclosure shows Zhang Jason Gechen, identified as Chief Strategy Officer, directly beneficially owns 549,046 shares. The Form 3 reflects an event dated 08/08/2025 and was filed by one reporting person. No derivative securities were reported. Exhibit 24 notes a power of attorney and the form bears the signature of Mark Chavez as Attorney-in-Fact dated 08/12/2025.
Richard N. Nottenburg, a director of Applied Digital Corporation (APLD), reported a sale of common stock on 08/08/2025. The filing shows 11,250 shares were sold in multiple transactions at a weighted average price of $14.22, with execution prices ranging from $14.2150 to $14.2201. After the reported sale, the Reporting Person beneficially owned 317,987 shares.
The disclosure also details equity awards: 28,606 RSUs granted 12/27/2024 that vest in full on 11/20/2025, and 200,000 restricted shares granted 05/13/2024 that vest in two tranches of 100,000 on 05/13/2026 and 05/13/2027, tied to continued board service. The form was signed by an attorney-in-fact on 08/11/2025.
Applied Digital Corporation (APLD) filed a Form 144 reporting a proposed sale of 11,250 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $159,966 and an approximate sale date of 08/08/2025 on NASDAQ. The filing lists total shares outstanding as 261,519,794, and identifies the lots as restricted stock acquired from the issuer on 05/13/2025.
The notice also discloses a recent sale by Richard N. Nottenburg of 13,686 common shares on 08/04/2025 for $171,075. The signer makes the required representation that they are unaware of any material nonpublic adverse information and references compliance with trading-plan and Rule 10b5-1 provisions where applicable.
Applied Digital director Douglas S. Miller sold 10,000 shares at $15 per share on 08/07/2025, leaving beneficial ownership of 211,112 shares. The filing also discloses the Reporting Person holds 28,606 restricted stock units (RSUs) granted December 27, 2024 that convert one-for-one to common stock and vest in full on November 20, 2025, subject to continued service. The RSUs have no expiration date and represent a contingent right to receive shares upon vesting, which would increase future share holdings.
This disclosure is a routine Section 16 report showing an insider sale and the existence of director RSUs; it documents current direct ownership and the pending equity award that will vest if service continues.
On 08/05/2025, Applied Digital Corp. (APLD) CEO, Chairman and 10% owner Wes Cummins filed a Form 4 detailing insider equity activity.
- RSU conversion (Code M): 83,334 restricted stock units vested and were exchanged one-for-one into common shares; no cash price is stated.
- Tax withholding (Code F): 32,792 of those shares were retained by the issuer at $14.89 per share to cover payroll taxes—this is not an open-market sale.
After the transactions Cummins directly owns 3,059,379 shares (including 742,166 in his IRA). He also controls 17,590,238 shares via Cummins Family Ltd. and 1,626,453 shares through B. Riley Asset Management, bringing total beneficial ownership to roughly 22.3 million shares and preserving his >10 % insider status.
No derivative securities remain outstanding from the 08/05/2022 RSU grant. The filing reports no open-market purchases or sales aside from the automatic tax withholding.
Applied Digital Corp. (APLD) Form 4: Director Richard N. Nottenburg disclosed an open-market sale of 13,686 common shares on 08/04/2025 at $12.50 per share, realizing roughly $171,000. After the transaction he still holds 329,237 shares directly.
The retained position includes 28,606 restricted stock units granted 12/27/2024 that vest 11/20/2025 and 200,000 restricted shares granted 05/13/2024 that vest 100,000 shares each on 05/13/2026 and 05/13/2027, conditional on continued board service. The sale represents about 4% of his reported holdings, indicating a modest liquidity move while preserving a sizeable, incentive-aligned stake.