Executive equity awards structure
Company: Applied Digital
The claim, verbatim
CEO, President and CFO received five-year RSU and PSU awards with a 25/75 RSU-to-PSU ratio and a two-year post-vesting holding requirement for PSUs
Source (primary)
Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan (-, news_article)
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Quote: “The proxy describes five-year RSU and PSU awards for the CEO, President and CFO, with a 25/75 RSU-to-PSU ratio and a two-year post-vesting holding requirement for PSUs”
How we checked this
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Additional evidence
confirms Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan
Quote: “The proxy describes five-year RSU and PSU awards for the CEO, President and CFO, with a 25/75 RSU-to-PSU ratio and a two-year post-vesting holding requirement for PSUs”