{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-24-000039","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.514164+00:00","generated_at":"2026-06-05T18:22:28.764543+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Rachel H. Lee appointed to Applied Digital board; McDonald and Moore resign","bullets":["Rachel H. Lee named independent director, effective Feb 22, 2024, filling vacancy from resignations.","Lee brings 17 years finance/ investment experience, most recently Partner at Ares Management.","Kelli McDonald and Virginia Moore resigned effective immediately, no disagreement with company.","Lee will serve on Compensation Committee and receive standard non-employee director compensation plus restricted stock awards."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-24-000039","json":"https://secwatch.observer/filing/0001144879-24-000039.json","markdown":"https://secwatch.observer/filing/0001144879-24-000039.md","text":"https://secwatch.observer/filing/0001144879-24-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000039/0001144879-24-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000039/apld-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:22:28.764543+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ddbeae2ff","claim":"Kelli McDonald resigned as Director at Applied Digital Corp..","evidence_excerpt":"On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000039/0001144879-24-000039-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"468c9d5bca","claim":"Virginia Moore resigned as Director at Applied Digital Corp..","evidence_excerpt":"On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000039/0001144879-24-000039-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5a145425ee","claim":"Rachel H. Lee was appointed as Independent Director at Applied Digital Corp..","evidence_excerpt":"On February 22, 2024, Applied Digital Corporation (the “Company”) announced Rachel H. Lee was appointed as an independent director to its Board of Directors (the “Board”), effective February 22, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000039/0001144879-24-000039-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Independent Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}