Filing Details
- Accession Number:
- 0001493152-24-048164
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-29 16:05:33
- Reporting Period:
- 2024-11-27
- Accepted Time:
- 2024-11-29 16:05:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1144879 | Applied Digital Corp. | APLD | Services-Computer Processing & Data Preparation (7374) | 954863690 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1166816 | N Richard Nottenburg | 3811 Turtle Creek Boulevard Suite 2100 Dallas TX 75219 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2024-11-27 | 50,000 | $9.20 | 334,317 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Footnotes
- The Reportion Person is using the proceeds from the sale of these shares to pay income tax liability associated with the vesting of certain shares of restricted stock.
- Includes 300,000 shares of restricted stock granted to the Reporting Person on May 13, 2024 in connection with the Reporting Person's service as the Chairman of the board of directors of Applied Digital Cloud Corporation, a subsidiary of the Issuer. The shares of restricted stock vest as follows: 100,000 shares on May 13, 2025 (the first anniversary of the grant date), 100,000 shares on May 13, 2026 (the second anniversary of the grant date) and 100,000 shares on May 13, 2027 (the third anniversary of the grant date), provided that the Reporting Person is a director of both the Issuer and Applied Digital Cloud Corporation on each such date.
Billionaire Hedge Funds
