APLD: Zhang Jason Gechen bought $5.7M of stock

By AlphaYouPublished Oct 19, 2026Form 4

Stocks in this disclosure

Reported activity

Zhang Jason Gechen

Reporting filer

Zhang Jason Gechen reported buying 300,000 shares of Applied Digital Corp. for about $5.7M ($18.86 a share on average). Form 4 filed Oct 19, 2026 lists 1 entry.

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Disclosed: Oct 19, 2026

Reported details

1 entry

All validated entries in this disclosure
Security	Owner	Date	Code	Action	Quantity	Price	Following holdings	Reporting delay	Filed terms and references
Common Stock	Zhang Jason Gechen	2026-10-16	P	Purchase	300000	18.86	2,839,227	3 days	Filed terms security Title: Common Stock transaction Date: 2026-10-16 transaction Form Type: 4 transaction Code: P equity Swap Involved: 0 transaction Shares: 300000 transaction Price Per Share: 18.86 id: F1 transaction Acquired Disposed Code: A shares Owned Following Transaction: 2839227 id: F2 id: F3 direct Or Indirect Ownership: D

Common Stock

Owner: Zhang Jason Gechen
Date: 2026-10-16
Code: P
Action: Purchase
Quantity: 300000
Price: 18.86
Following holdings: 2,839,227
Reporting delay: 3 days
Filed terms and references: Filed terms
security Title: Common Stock
transaction Date: 2026-10-16
transaction Form Type: 4
transaction Code: P
equity Swap Involved: 0
transaction Shares: 300000
transaction Price Per Share: 18.86
id: F1
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 2839227
id: F2
id: F3
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.
Zhang Jason Gechen: President.
F1: Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $18.40 to $19.16. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.
F2: Includes 500,000 RSU's granted on February 6, 2026 (the "Grant Date") 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: 100,000 RSUs on February 6, 2027 (the "Cliff Date") with the remainder vesting in equal installments of 50,000 RSUs every six months 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: Includes the remainder of 750,000 RSUs granted on August 8, 2025. The RSUs represent a contingent right to receive shares of common stock of the Company on a one-for-one basis and have no expiration date. 125,000 of the RSUs shall vest on each of March 12, 2027, September 12, 2027 and March 12, 2028, 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 date or accelerated vesting upon certain conditions.

Original sources

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

Security

Owner

Date

Code

Action

Quantity

Price

Following holdings

Reporting delay

Filed terms and references

Common Stock

Zhang Jason Gechen

2026-10-16

Purchase

300000

18.86

2,839,227

3 days

Filed terms

security Title: Common Stock
transaction Date: 2026-10-16
transaction Form Type: 4
transaction Code: P
equity Swap Involved: 0
transaction Shares: 300000
transaction Price Per Share: 18.86
id: F1
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 2839227
id: F2
id: F3
direct Or Indirect Ownership: D

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.

Zhang Jason Gechen: President.

F1: Constitutes the weighted average purchase price for multiple transactions reported on this line having prices per share ranging from $18.40 to $19.16. The Reporting Person will provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding each separate transaction.

F2: Includes 500,000 RSU's granted on February 6, 2026 (the "Grant Date") 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: 100,000 RSUs on February 6, 2027 (the "Cliff Date") with the remainder vesting in equal installments of 50,000 RSUs every six months 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: Includes the remainder of 750,000 RSUs granted on August 8, 2025. The RSUs represent a contingent right to receive shares of common stock of the Company on a one-for-one basis and have no expiration date. 125,000 of the RSUs shall vest on each of March 12, 2027, September 12, 2027 and March 12, 2028, 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 date or accelerated vesting upon certain conditions.