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 completed the separation of its cloud business by contributing all 1,200 outstanding shares of Applied Digital Cloud Corporation to Ekso Bionics Holdings in exchange for 138,216,820 newly issued Ekso common shares, creating ChronoScale Corporation as Ekso’s successor.
ChronoScale now trades on the Nasdaq Capital Market under the ticker CHRN, while Applied Digital and its subsidiary collectively own approximately 97% of ChronoScale’s outstanding equity. In a concurrent private placement, Applied Digital purchased 1,311,407 additional ChronoScale (Ekso) shares at $12.01 per share for about $15.75 million in cash.
Applied Digital entered into a Services Agreement under which ChronoScale will pay it a quarterly fee equal to 1% of ChronoScale’s consolidated gross revenue plus other service fees. An Investor Rights Agreement gives Applied Digital affiliates board designation, observer, approval, preemptive, and resale registration rights at specified ownership thresholds.
Applied Digital Corp. director Richard N. Nottenburg reported selling a total of 25,000 shares of common stock in two open-market transactions. He sold 12,500 shares on April 28, 2026 at $32.00 per share and 12,500 shares on April 30, 2026 at a weighted average price of $34.59 per share, in multiple trades between $34.58 and $34.64.
After these sales, he directly owns 208,378 shares of Applied Digital common stock, which includes 7,747 restricted stock units granted on November 9, 2025 that vest in full on November 5, 2026, subject to his continued board service.
Richard N. Nottenburg submitted a Rule 144 notice reporting the sale of 12,500 shares of Common Stock. The filing lists a prior sale of 12,500 shares for $400,000 on 04/28/2026 and references restricted stock dated 05/13/2025. The record includes a share figure of 285,769,539 as of 04/30/2026.
Applied Digital Corp. director Douglas S. Miller reported an open-market sale of 10,000 shares of common stock at a weighted average price of $34.98 per share. After this sale, he directly holds 184,859 shares.
His holdings include 7,747 restricted stock units granted on November 9, 2025, which convert into common stock on a one-for-one basis and vest in full on November 5, 2026, contingent on his continued board service.
Applied Digital Corp reports a 5.36% beneficial holding of 14,996,742 shares by Vanguard Portfolio Management. The filing states Vanguard Portfolio Management has sole dispositive power for 14,996,742 shares and sole voting power for 188,947 shares. The filing is signed on 04/28/2026.
APLD submitted a Form 144 reporting the proposed sale of 12,500 shares of Common Stock via Morgan Stanley Smith Barney LLC. The filing lists 7,500 shares tied to a 05/13/2025 restricted-stock grant and 5,000 shares tied to a 11/20/2025 restricted-stock grant.
The filing reports a notice under Form 144 relating to 10,000 shares of Common Stock to be sold by a Morgan Stanley Smith Barney LLC account. The shares were restricted stock that vested under a registered plan on 11/09/2024. The filing entry shows a date of 04/27/2026.
Applied Digital has signed a major 15-year lease with a new U.S.-based high investment-grade hyperscaler at its 430 MW Delta Forge 1 AI Factory campus. The agreement covers 300 MW of critical IT load and carries approximately $7.5 billion in total contracted value, purpose-built for the tenant’s AI and high-performance computing infrastructure.
With this lease, Applied Digital now has three hyperscale tenants across three AI Factory campuses and more than $23 billion in total contracted lease revenue, over half of which is backed by investment-grade customers. Initial operations at Delta Forge 1 are anticipated to begin in mid-2027.
The company also highlights plans to enter an up to $300 million senior secured bridge facility to support development of the 150 MW Building 3 at Polaris Forge 1 and an up to $300 million senior secured revolving credit facility to fund development across its platform and working capital needs.
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.