CEO and president open-market share purchases
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins and president Jason Zhang bought Applied Digital shares on the open market earlier in October 2026 after the selloff.
Source (primary)
Insider Conviction Fuels Applied Digital (NASDAQ: APLD) 10% Surge As AI Infrastructure Names Race Higher - Foreign Policy Journal (-, news_article)
View cached copy (2026-10-29)Live source ↗Archive.org ↗
Quote: “Chief executive Wes Cummins and president Jason Zhang stepped into the open market earlier this month to purchase Applied Digital (NASDAQ: APLD) shares following the steep selloff”
How we checked this
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Additional evidence
confirms Insider Conviction Fuels Applied Digital (NASDAQ: APLD) 10% Surge As AI Infrastructure Names Race Higher - Foreign Policy Journal
Quote: “Chief executive Wes Cummins and president Jason Zhang stepped into the open market earlier this month to purchase Applied Digital (NASDAQ: APLD) shares following the steep selloff”