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David Rench

CFOC-LevelReporting Officer
Current role
Chief Financial Officer · Applied Digital
Chief Administrative Officer · Applied Digital
Reported pay · FY2022
Applied Digital · $1.77M (salary $254.7K)
Current holdings (from latest Form 3/4/5)
Applied Digital APLD: 385,288 shares ≈ $6.86M (0.13% of co.) (as of 2024-12-01)
Insider activity since 2022-08
Invested $7.5K (2,150,154 shares acquired)
↳ notional today: $38.30M
Divested $741.3K (138,675 shares sold)
↳ notional today: $2.47M
→ Net divested $733.8K
↳ net notional: ↑ $35.83M
Change since first tracked filing (not total holdings; see methodology). Prices as of 2026-10-30.

David Rench is 46 and currently serves as Chief Administrative Officer of Applied Digital, a position held since October 15, 2024. He previously served as Chief Financial Officer from March 2021 to October 2024.

Before joining Applied Digital, Mr. Rench co-founded Ihiji in 2009, a software startup where he served as Vice President of Finance and Operations from 2010 until the company's acquisition by Control4 in 2017. Following the acquisition, he joined Hirzel Capital, an investment management company, where he served as Chief Financial Officer from 2017 to 2020.

Mr. Rench holds a BBA from the Neeley School of Business at Texas Christian University in Fort Worth, Texas, and an MBA from the Cox School of Business at Southern Methodist University in Dallas, Texas.

Biography extracted from Applied Digital DEF 14A filed 2024-10-23 View cached copy (2026-08-31)Live source ↗

Roles

Contiguous filings for the same role are collapsed into a single tenure span. Click a row to see the underlying filings.

CompanyRoleTenureFilings
Applied DigitalChief Financial Officer2022-04 → present (4y 7mo)12
Show 12 underlying filings
2024-10-04 · Applied Digital Form 4 filed 2024-10-08
View cached copy (2026-09-13)Live source ↗
2024-08-05 · Applied Digital Form 4 filed 2024-08-07
View cached copy (2026-09-13)Live source ↗
2024-04-04 · Applied Digital Form 4 filed 2024-04-08
View cached copy (2026-09-13)Live source ↗
2024-02-05 · Applied Digital Form 4 filed 2024-02-06
View cached copy (2026-09-13)Live source ↗
2023-08-05 · Applied Digital Form 4 filed 2023-08-08
View cached copy (2026-09-13)Live source ↗
2023-04-01 · Applied Digital Form 4 filed 2023-04-04
View cached copy (2026-09-13)Live source ↗
2023-02-05 · Applied Digital Form 4 filed 2023-02-07
View cached copy (2026-09-13)Live source ↗
2023-01-01 · Applied Digital Form 4 filed 2023-01-04
View cached copy (2026-09-13)Live source ↗
2022-11-28 · Applied Digital Form 4 filed 2022-11-28
View cached copy (2026-09-13)Live source ↗
2022-08-31 · Applied Digital Form 4 filed 2022-08-31
View cached copy (2026-09-13)Live source ↗
2022-08-05 · Applied Digital Form 4 filed 2022-08-09
View cached copy (2026-09-13)Live source ↗
2022-04-12 · Applied Digital Form 3 filed 2022-04-12
View cached copy (2026-09-13)Live source ↗
Applied DigitalChief Administrative Officer2024-11 → present (2y)2
Show 2 underlying filings
2024-12-01 · Applied Digital Form 4 filed 2024-12-12
View cached copy (2026-09-13)Live source ↗
2024-11-15 · Applied Digital Form 4/A filed 2024-11-21
View cached copy (2026-09-13)Live source ↗

Compensation

YearRole as filedSalaryBonusStock awardsTotalSource
2022Chief Financial Officer$254.7K$180.0K$1.34M$1.77MView cached copy (2026-09-13)Live source ↗
2021Chief Financial Officer$41.7K$20.0K—$61.7KView cached copy (2026-09-13)Live source ↗

As reported in the company's DEF 14A Summary Compensation Table (SEC Reg S-K Item 402(c)). Stock and option awards are grant-date fair values — what the award was worth on the day it was granted, not cash received and not what it is worth now. Every row here reconciles: its columns add up to the total the filing printed.

Insider transactions

Totals for this person

BucketInvested (shares)Invested (USD)Divested (shares)Divested (USD)Net directionTxnsInvested @ last priceDivested @ last price
All time2,150,154$7.5K138,675$741.3K↓ Divested $733.8K29$38.30M$2.47M
20241,519,998$082,229$555.9K↓ Divested $555.9K17$27.08M$1.46M
2023376,666$031,446$136.4K↓ Divested $136.4K9$6.71M$560.2K
2022253,490$7.5K25,000$49.0K↓ Divested $41.5K3$4.52M$445.4K
2024-Q183,334$011,695$49.8K↓ Divested $49.8K3$1.48M$208.3K
2024-Q2140,000$017,045$55.7K↓ Divested $55.7K3$2.49M$303.7K
2024-Q383,332$010,146$42.7K↓ Divested $42.7K3$1.48M$180.8K
2024-Q41,213,332$043,343$407.6K↓ Divested $407.6K8$21.62M$772.2K

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 2026-10-30); they are a valuation, not a cash flow, and they move every day the market does.

All transactions

DateCompanyKindSharesAmount (USD)Value @ last price
2024-12-01Applied DigitalOption / RSU exercise81,666-$1.45M
2024-12-01Applied DigitalTax withholding on vesting31,958$322,776$569.3K
2024-12-01Applied DigitalOption / RSU exercise · Restricted Stock Unit81,666-$1.45M
2024-11-15Applied DigitalGrant / award / vesting · Restricted Stock Unit490,000-$8.73M
2024-11-15Applied DigitalGrant / award / vesting · Restricted Stock Unit490,000-$8.73M
2024-10-04Applied DigitalOption / RSU exercise35,000-$623.5K
2024-10-04Applied DigitalTax withholding on vesting11,385$84,818$202.8K
2024-10-04Applied DigitalOption / RSU exercise · Restricted Stock Unit35,000-$623.5K
2024-08-05Applied DigitalOption / RSU exercise41,666-$742.3K
2024-08-05Applied DigitalTax withholding on vesting10,146$42,715$180.8K
2024-08-05Applied DigitalOption / RSU exercise · Restricted Stock Unit41,666-$742.3K
2024-04-04Applied DigitalOption / RSU exercise70,000-$1.25M
2024-04-04Applied DigitalTax withholding on vesting17,045$55,737$303.7K
2024-04-04Applied DigitalOption / RSU exercise · Restricted Stock Unit70,000-$1.25M
2024-02-05Applied DigitalOption / RSU exercise41,667-$742.3K
2024-02-05Applied DigitalTax withholding on vesting11,695$49,821$208.3K
2024-02-05Applied DigitalOption / RSU exercise · Restricted Stock Unit41,667-$742.3K
2023-08-05Applied DigitalTax withholding on vesting10,146$79,037$180.8K
2023-08-05Applied DigitalOption / RSU exercise41,667-$742.3K
2023-08-05Applied DigitalOption / RSU exercise · Restricted Stock Unit41,667-$742.3K
Show older transactions (9 more)
DateCompanyKindSharesAmount (USD)Value @ last price
2023-04-04Applied DigitalGrant / award / vesting · Restricted Stock Unit210,000-$3.74M
2023-04-01Applied DigitalTax withholding on vesting5,073$11,364$90.4K
2023-02-05Applied DigitalTax withholding on vesting11,154$36,697$198.7K
2023-02-05Applied DigitalOption / RSU exercise41,666-$742.3K
2023-02-05Applied DigitalOption / RSU exercise · Restricted Stock Unit41,666-$742.3K
2023-01-01Applied DigitalTax withholding on vesting5,073$9,334$90.4K
2022-11-28Applied DigitalOpen-market sale25,000$49,000$445.4K
2022-08-31Applied DigitalOpen-market purchase3,490$7,504$62.2K
2022-08-05Applied DigitalGrant / award / vesting · Restricted Stock Unit250,000-$4.45M