Transaction Details

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2025. | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.14 to $23.79, inclusive. | Includes 7,747 restricted stock units ("RSUs") granted on November 9, 2025 to non-employee directors for board service. The RSUs convert into shares of common stock of Applied Digital Corporation (the "Issuer") on a one-for-one basis, have no expiration date, and vest in full on November 5, 2026, subject to the Reporting Person's continued service through such date. | Includes 60,976 shares of restricted stock granted on May 6, 2024 as an initial grant upon initiation of board service. Of these shares, 20,326 vested on April 30, 2025 and 20,325 will vest on each of April 30, 2026 and April 30, 2027, subject to the Reporting Person's continued service through such date.