Applied Digital's president buys $5.7 million of APLD stock on the open market
A Form 4 filed Oct. 19 shows Jason Gechen Zhang bought 300,000 shares at about $18.86 on Oct. 16, outside any pre-arranged trading plan.
Applied Digital's president just put real money into the stock. According to a Form 4 filed with the SEC on Oct. 19, 2026, Jason Gechen Zhang bought 300,000 shares of Applied Digital Corp. (APLD) on the open market on Oct. 16, at a weighted average price of $18.86 per share. That works out to roughly $5.66 million.
Here is what the filing actually says, and what it doesn't.
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