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: 10/13/2026ACC: 0001391935-26-000007
DirectorOfficer10% Owner· CEO & Chairman
Since Apr 2022
-39.35K
Net shares
Net seller
$931.8K
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
1.7%
10/10/2026
5.76M→5.86M
Common Stock
Direct
Shares
−39.35K
Price / share
$23.68
Trade value
$931.81K
% of position
0.7%
10/10/2026
5.86M→5.82M
Total
Net shares
+60.65K
Net value
-$931.81K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/10/2026 | M · Option Exercise | +100K | — | — | 1.7% | 5.76M | 5.86M |
| Common Stock Direct | 10/10/2026 | F · Tax Withholding | −39.35K | $23.68 | $931.81K | 0.7% | 5.86M | 5.82M |
| Total | +60.65K | -$931.81K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
100K shares
Shares
−100K
Strike price
Held after
200K
Exercisable
—
10/10/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock100K shares | 10/10/2026 | M · Option Exercise | −100K | — | 200K |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned17.59M
Common Stock
IndirectShares owned12.80K
Total
17.60M indirect17.60M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 17.59M | Indirect |
| Common Stock | 12.80K | Indirect |
| Total | 17.60M | 17.60M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported