jain.com

PSU grant to Wes Cummins

Company: Applied Digital

Subject kind
personnel
Statement date
2025-01-07
Promised amount
1600000.0 units
Current status
stated

The claim, verbatim

Wes Cummins was granted 1,600,000 performance stock units (800,000 tranche one and 800,000 tranche two)

Source (primary)

Applied Digital 8-K/A filed 2025-01-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company granted 1,600,000 performance stock units ("PSUs") to Wes Cummins, comprised of 800,000 PSUs denoted as tranche one units and 800,000 PSUs denoted as tranche two units”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225001423/form8-ka.htm) in full (9,263 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K/A filed 2025-01-08

Quote: “the Company granted 1,600,000 performance stock units ("PSUs") to Wes Cummins, comprised of 800,000 PSUs denoted as tranche one units and 800,000 PSUs denoted as tranche two units”

View cached copy (2026-08-31)Live source ↗