CEO RSU grant cliff vesting
Company: Applied Digital
The claim, verbatim
The 1,500,000 RSUs granted to the CEO on January 6, 2026 vest with 300,000 on January 6, 2027, then 150,000 every six months. They are fully vested on the five-year anniversary of the grant, subject to continued employment.
Source (primary)
CEO Wes Cummins buys 55,803 Applied Digital (APLD) shares on October 16. - Stock Titan (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗
Quote: “vest as follows: 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
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Additional evidence
confirms CEO Wes Cummins buys 55,803 Applied Digital (APLD) shares on October 16. - Stock Titan
Quote: “vest as follows: 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”