Form 4: Applied Digital Executive Receives Stock Grant
Insider Transaction (Form 4)
Wes Cummins, CEO; Chairman and a Director of Applied Digital Corp., reported multiple transactions in common stock on July 31, 2026.
Summary
- Grant/award: acquired 1,600,000 Common Stock on July 31, 2026; holds 6,387,600 after (Direct).
- Tax/exercise-price withholding: disposed of 629,600 Common Stock at $27.39 ($17,244,744) on July 31, 2026; holds 5,758,000 after (Direct).
- Other acquisition/disposition: disposed of 714,685 Common Stock on August 4, 2026; holds 12,798 after (Indirect).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Wes Cummins — Director, Officer (CEO; Chairman)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-31 | Grant/award | Common Stock | 1,600,000 | — | — | 6,387,600 |
| 2026-07-31 | Tax/exercise-price withholding | Common Stock | 629,600 | $27 | $17.2M | 5,758,000 |
| 2026-08-04 | Other acquisition/disposition | Common Stock | 714,685 | — | — | 12,798 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-31 | Grant/award (1,600,000 shares) |
| 2026-07-31 | Tax/exercise-price withholding (629,600 shares) |
| 2026-08-04 | Other acquisition/disposition (714,685 shares) |
Keywords
insider transaction, Form 4, APLD, Applied Digital Corp., neutral, Wes Cummins
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