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2022 Incentive Plan Share Authorization

Company: Applied Digital

Subject kind
financing
Statement date
2022-09-26
Promised amount
13333333.0 shares
Current status
stated

The claim, verbatim

2022 Incentive Plan has 13,333,333 shares authorized for future issuance

Source (primary)

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

Quote: “Our 2022 Incentive Plan was approved in January 2022... 2022 Incentive Plan — $— 13,333,333”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The equity compensation plans table and Share Authorization section both state 13,333,333 shares for the 2022 Incentive Plan.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487922000043/apld-20220531.htm) in full (83,898 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

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

Quote: “Our 2022 Incentive Plan was approved in January 2022... 2022 Incentive Plan — $— 13,333,333”

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