Rachel H. Lee

Rachel Lee, age 41, has served as a Director of Applied Digital since February 2024. She brings nearly two decades of experience in finance and private equity, with nearly a decade of board experience at growth-focused and publicly traded companies.

She currently serves on the boards of Bank of Hope (NASDAQ: HOPE), Xponential Fitness (NYSE: XPOF), and Legacy Franchise Concepts (parent company of Sweathouz). Prior board positions include Cooper's Hawk Winery and Restaurants, Floor and Decor (NYSE: FND), and Insight Global.

Lee was a Partner and Head of the Consumer Private Equity practice at Ares Management Corporation (NYSE: ARES), where she spent almost 15 years overseeing strategy and deal execution across the full investment lifecycle. Before joining Ares in 2008, she worked in the investment banking division at J.P. Morgan. She holds a B.S. in Corporate Finance and a B.S. in Accounting from the University of Southern California.

Biography extracted from Applied Digital DEF 14A filed 2025-09-22 View cached copy (2026-08-31)Live source ↗

Roles

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Insider transactions

Totals for this person

Invested = shares acquired (buys, grants, option exercises) — insider adding to the position. Divested = shares reduced (sells, dispositions, tax-withholding) — cash flowing TO the insider. Net direction shows which side wins on dollar terms in each bucket. % of holder's stake not yet computed (pending Form 3/4 holdings ingest). See methodology. The two @ last price columns restate the same share counts at the most recent share price we read (close of 2026-09-17); they are a valuation, not a cash flow, and they move every day the market does.

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