CUMMINS WES (CEO & Chairman) exercised options at APPLIED DIGITAL CORP.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/14/2026ACC: 0001144879-26-000032
DirectorOfficer10% Owner· CEO & Chairman
Since Apr 2022
-39.35K
Net shares
Net seller
$1.03M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
100K acquired · 139.35K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+100K
Price / share
—
Trade value
—
% of position
2.4%
4/10/2026
4.24M→4.34M
Common Stock
Direct
Shares
−39.35K
Price / share
$26.26
Trade value
$1.03M
% of position
0.9%
4/10/2026
4.34M→4.30M
Total
Net shares
+60.65K
Net value
-$1.03M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/10/2026 | M · Option Exercise | +100K | — | — | 2.4% | 4.24M | 4.34M |
| Common Stock Direct | 4/10/2026 | F · Tax Withholding | −39.35K | $26.26 | $1.03M | 0.9% | 4.34M | 4.30M |
| Total | +60.65K | -$1.03M | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
100K shares
Shares
−100K
Strike price
Held after
300K
Exercisable
—
4/10/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock100K shares | 4/10/2026 | M · Option Exercise | −100K | — | 300K |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned17.59M
Common Stock
IndirectShares owned722.48K
Total
18.31M indirect18.31M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 17.59M | Indirect |
| Common Stock | 722.48K | Indirect |
| Total | 18.31M | 18.31M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported