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CEO Annual Salary Commitment

Company: Applied Digital

This claim was marked delayed on September 15, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
personnel
Statement date
2022-09-26
Promised by
2024-10-31
Promised amount
300000.0 USD
Current status
delayed

The claim, verbatim

Wes Cummins' employment agreement provides annual base salary of $300,000 through October 31, 2024

Source (primary)

Applied Digital 10-K/A filed 2022-09-27 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Pursuant to the Cummins Employment Agreement, Mr. Cummins receives a base salary of $300,000 per annum... The term of the Cummins Employment Agreement ends on October 31, 2024, with automatic one (1) year extensions”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital 10-K/A filed 2022-09-27

Quote: “Pursuant to the Cummins Employment Agreement, Mr. Cummins receives a base salary of $300,000 per annum... The term of the Cummins Employment Agreement ends on October 31, 2024, with automatic one (1) year extensions”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.