APLD: Mohmand Mohammad Saidal LaVanway discloses securities transactions
By AlphaYouPublished Form 4
Mohmand Mohammad Saidal LaVanway
Reporting filer
Mohmand Mohammad Saidal LaVanway reported Exercise or conversion in Applied Digital Corp.: 81666 units of Common Stock, dated 2026-10-04. The full Form 4 contains 3 transaction entries.
- Disclosed
- Oct 5, 2026
Reported details
3 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Mohmand Mohammad Saidal LaVanway | 2026-10-04 | M | Exercise or conversion | 81666 | Not stated (see footnotes) | 970,097 | 1 day | Filed terms
|
| Common Stock | Mohmand Mohammad Saidal LaVanway | 2026-10-04 | F | Tax/exercise withholding | 32136 | 25.38 | 937,961 | 1 day | Filed terms
|
| Restricted Stock Unit (derivative) | Mohmand Mohammad Saidal LaVanway | 2026-10-04 | M | Exercise or conversion | 81666 | 0 | 163,334 | 1 day | Filed terms
|
Common Stock
- Owner
- Mohmand Mohammad Saidal LaVanway
- Date
- 2026-10-04
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 81666
- Price
- Not stated (see footnotes)
- Following holdings
- 970,097
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-04
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 81666
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 970097
- id: F2
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Mohmand Mohammad Saidal LaVanway
- Date
- 2026-10-04
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 32136
- Price
- 25.38
- Following holdings
- 937,961
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-04
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 32136
- id: F3
- transaction Price Per Share: 25.38
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 937961
- id: F2
- direct Or Indirect Ownership: D
Restricted Stock Unit (derivative)
- Owner
- Mohmand Mohammad Saidal LaVanway
- Date
- 2026-10-04
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 81666
- Price
- 0
- Following holdings
- 163,334
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Restricted Stock Unit
- id: F1
- transaction Date: 2026-10-04
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 81666
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Common Stock
- underlying Security Shares: 81666
- shares Owned Following Transaction: 163334
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Mohmand Mohammad Saidal LaVanway: Chief Financial Officer.
- F1: Restricted stock units ("RSUs") granted on October 17, 2024, represent a contingent right to receive shares of common stock of Applied Digital Corporation (the "Company") on a one-for-one basis. The RSUs have no expiration date and vest as follows: 81,666 on April 4, 2025, 81,667 on each of October 4, 2025, and April 4, 2026, 81,666 on October 4, 2026, and 81,667 on each of April 4, 2027, and October 4, 2027, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- F2: Includes 250,000 RSU's granted on February 6, 2026 (the "Grant Date") which represent a contingent right to receive shares of common stock of Applied Digital Corporation the Company on a one-for-one basis, have no expiration date, and vest as follows: 50,000 RSUs on February 6, 2027 (the "Cliff Date") with the remainder vesting in equal installments of 25,000 RSUs every six months after the Cliff Date, such that the RSUs will be fully vested on the five-year anniversary of the Grant Date, each such vesting subject to the Reporting Person's continued full-time employment with the Company in a role approved by the Board of Directors of the Company through the applicable vesting date or accelerated vesting upon certain conditions.
- F3: Represents the withholding of shares of common stock of the Company for tax purposes in connection with the vesting of RSUs, which does not constitute an actual sale or other open market transaction.
Original sources
Prepared automatically from public filing data. Report a correction.