CEO Wes Cummins RSU vesting Oct 2026
Company: Applied Digital
The claim, verbatim
100,000 RSUs held by CEO and Chairman Wes Cummins vested on October 10, 2026, converting one-for-one into 100,000 common shares; 39,350 shares were withheld for taxes at $23.68 per share.
Source (primary)
39,350 shares are withheld for taxes as Applied Digital (APLD) CEO’s stock award vests. - Stock Titan (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “100,000 restricted stock units vested on October 10, 2026, converting one-for-one into 100,000 common shares”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The Form 4 reports the 100,000-RSU vesting and conversion on October 10, 2026, and the withholding of 39,350 shares for taxes at $23.68 per share.
Confirmed in the source:
- Wes Cummins is CEO and Chairman of Applied Digital
- 100,000 RSUs held by Wes Cummins vested on October 10, 2026
- The vested RSUs converted one-for-one into 100,000 common shares
- 39,350 shares were withheld for taxes
- The withholding price was $23.68 per share
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/APLD/form-4-applied-digital-corp-insider-trading-activity-25d675191f81.html) in full (16,400 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms 39,350 shares are withheld for taxes as Applied Digital (APLD) CEO’s stock award vests. - Stock Titan
Quote: “100,000 restricted stock units vested on October 10, 2026, converting one-for-one into 100,000 common shares”