jain.com

CEO 1.5M RSU grant cliff vesting

Company: Applied Digital

Subject kind
personnel
Statement date
2026-10-13
Promised by
2027-01-06
Promised amount
300000.0 units
Current status
stated

The claim, verbatim

The CEO's 1,500,000-RSU grant from January 6, 2026 vests 300,000 RSUs on January 6, 2027, then 150,000 every six months until fully vested on the five-year anniversary, subject to continued employment.

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: “300,000 RSUs on January 6, 2027 (the "Cliff Date"), with the remainder vesting in equal installments of 150,000 RSUs every six months after the Cliff Date”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

Footnote 2 of the Form 4 states these vesting terms. They require continued full-time employment in a Board-approved role, with possible accelerated vesting.

Confirmed in the source:

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: “300,000 RSUs on January 6, 2027 (the "Cliff Date"), with the remainder vesting in equal installments of 150,000 RSUs every six months after the Cliff Date”

View cached copy (2026-10-15)Live source ↗Archive.org ↗