Co-founder share disposition
Company: Applied Digital
The claim, verbatim
Co-founder Jason Gechen Zhang disposed of 49,188 shares on September 12, 2026 as a tax withholding event triggered by RSU vesting
Source (primary)
Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “President and co-founder Jason Gechen Zhang reported a non-discretionary disposition of 49,188 shares of common stock on September 12, 2026, per a recent SEC Form 4 filing. The transaction was not an open-market sale but rather a mechanical tax withholding event triggered by the automatic vesting of restricted stock units.”
How we checked this
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Additional evidence
confirms Applied Digital (NASDAQ: APLD) Co-Founder Offloads Nearly 50,000 Shares In Tax-Related RSU Transaction - foreignpolicyjournal.com
Quote: “President and co-founder Jason Gechen Zhang reported a non-discretionary disposition of 49,188 shares of common stock on September 12, 2026, per a recent SEC Form 4 filing. The transaction was not an open-market sale but rather a mechanical tax withholding event triggered by the automatic vesting of restricted stock units.”