Applied Digital Corp. (APLD) insider trading
Applied Digital Corp. insiders have made 2 open-market purchases worth $6.7M since Oct 19, 2026, by 2 different insiders. The latest: Wes Cummins (CEO) bought $1.0M, filed Oct 19, 2026, scored 54 out of 100. The biggest: $5.7M by Jason Gechen Zhang, filed Oct 19, 2026. 1 buy in the last year came within ten days of another insider's: a cluster, one of the stronger patterns in the research.
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Insider purchases
| Filed | Insider | Stake | Score | Bought | 1 week | 1 month |
|---|---|---|---|---|---|---|
| Oct 19 Form 4 (opens sec.gov) |
Wes CumminsCEO · 2 insiders buyingCEO · 2 insiders buying | +1% stake | 54 | $1.0M 55,803 at $18.04 |
−7.4% | waiting |
| Oct 19 Form 4 (opens sec.gov) |
Jason Gechen ZhangPresidentPresident | +12% stake | 51 | $5.7M 300,000 at $18.86 |
−7.4% | waiting |
Track record (hypothetical): a week after the filing, these buys averaged −7.4% (0% up, 2 measured).
Insider sales
1 open-market sale on record
| Filed | Insider | Sold |
|---|---|---|
| Oct 15 Form 4 (opens sec.gov) |
Richard N. NottenburgDirector | $683k 31,250 at $21.84 · 23% of holdings |
Most insider sales are planned in advance or made for personal reasons, so a sale says less than a buy.
Planned insider sales of APLD (Form 144)
| Filed | Insider | To sell |
|---|---|---|
| Oct 13 Form 144 | RICHARD N NOTTENBURGDirector · no trading plan named | $1.4M 62,500 shares from Oct 13 |
A Form 144 is filed before an insider sells restricted or control shares; the Form 4 reports the sale once made.
Insiders who bought APLD
- Wes Cummins CEO
- Jason Gechen Zhang President
Questions
Are insiders buying APLD stock?
Yes. In the last 90 days, 2 open-market purchases were filed, worth $6.7M, against $683k of open-market sales.
Who bought APLD stock most recently?
Wes Cummins, CEO, bought 55,803 shares for $1.0M (Form 4 (opens sec.gov), filed Oct 19, 2026).
How does InsiderBeacon score an insider buy?
Out of 100, from who bought, how much their stake grew, the size of the trade, whether other insiders bought within ten days, where the price sat in its 52-week range, and whether it was a first or a routine buy. The score is fixed when the filing arrives. The formula and the research behind it.
Insiders are also buying, same industry
Data as of Oct 19, 2026, from SEC EDGAR Form 4 filings: open-market purchases (code P) of $25,000 or more, and open-market sales. Every row links to its filing. Scores summarise what a filing says (how the score works); outcomes are hypothetical, from the first close after the filing, and past results don't predict future ones. Disclaimer