Applied Digital Corp
For the period ended Nov 30, 2024. Filed Jan 14, 2025.
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Nov 30, 2024 · Filed Jan 14, 2025
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Item 5. Other Information
During the fiscal quarter ended November 30, 2024, David Rench, our Chief Administrative Officer, adopted a Rule 10b5-1 plan providing for the sale of up to 60,000 shares of the Company’s common stock. Pursuant to this plan, Mr. Rench may sell shares of common stock beginning on March 15, 2025, subject to the terms of the agreement, and the plan terminates on December 31, 2025. The trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c).
Except as provided above, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted orterminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408(a) of Regulation S-K), during the fiscal quarter ended November 30, 2024.
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