Applied Digital CFO disposed of 96,408 shares at $27.39 to cover tax obligations from vesting performance stock units.
Applied Digital Corporation (NASDAQ:APLD) Chief Financial Officer Mohammad Saidal Lavanway Mohmand sold 96,408 shares on July 31, 2026, for $2.6 million at $27.39 per share. The transaction was non-discretionary, required to meet tax liabilities from the vesting of 245,000 performance stock units the same day.
The sale price matched the market close on July 31, 2026. Despite the disposition, the CFO’s total direct equity position increased to approximately 888,000 shares, including shares received from 272 Capital, LP. Mohmand retains additional derivative securities and restricted stock units vesting over multiple years.
The filing did not disclose immediate market reaction to the transaction.