COO inducement award of 600,000 RSUs
Company: Applied Digital
The claim, verbatim
The company granted Laltrello an employment inducement award of 600,000 time-based RSUs, effective January 6, 2025. The award vests over three years, subject to her continued employment, and was granted outside the equity incentive plan under Nasdaq Rule 5635(c)(4).
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-21)Live source ↗
Quote: “the Company granted Ms. Laltrello an employment inducement award consisting of 600,000 time-based restricted stock units (“RSUs”), with an effective grant date of January 6, 2025. The RSUs will vest over a three-year period”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “the Company granted Ms. Laltrello an employment inducement award consisting of 600,000 time-based restricted stock units (“RSUs”), with an effective grant date of January 6, 2025. The RSUs will vest over a three-year period”