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: 4/7/2026ACC: 0001391935-26-000003
DirectorOfficer10% Owner· CEO & Chairman
Since Apr 2022
-34.58K
Net shares
Net seller
$849.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
100K acquired · 134.58K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+100K
Price / share
—
Trade value
—
% of position
2.4%
4/4/2026
4.18M→4.28M
Common Stock
Direct
Shares
−34.58K
Price / share
$24.56
Trade value
$849.26K
% of position
0.8%
4/4/2026
4.28M→4.24M
Total
Net shares
+65.42K
Net value
-$849.26K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/4/2026 | M · Option Exercise | +100K | — | — | 2.4% | 4.18M | 4.28M |
| Common Stock Direct | 4/4/2026 | F · Tax Withholding | −34.58K | $24.56 | $849.26K | 0.8% | 4.28M | 4.24M |
| Total | +65.42K | -$849.26K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
100K shares
Shares
−100K
Strike price
Held after
0.00
Exercisable
—
4/4/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock100K shares | 4/4/2026 | M · Option Exercise | −100K | — | 0.00 |
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