CEO equity compensation - April 2023 grant
Company: Applied Digital
The claim, verbatim
Applied Digital granted Wesley Cummins 600,000 restricted stock units on April 4, 2023, vesting over approximately two years with tranches on April 4, 2024, October 4, 2024, April 4, 2025, October 4, 2025, and April 4, 2026
Source (primary)
Applied Digital SC 13D/A filed 2024-11-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On April 4, 2023, the Reporting Person received a grant of 600,000 RSUs, of which one-third (1/3) of the RSUs vested on April 4, 2024 and one-sixth (1/6) of the RSUs vested on October 4, 2024, and will further vest on April 4, 2025, October 4, 2025 and April 4, 2026.”
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 SC 13D/A filed 2024-11-29
Quote: “On April 4, 2023, the Reporting Person received a grant of 600,000 RSUs, of which one-third (1/3) of the RSUs vested on April 4, 2024 and one-sixth (1/6) of the RSUs vested on October 4, 2024, and will further vest on April 4, 2025, October 4, 2025 and April 4, 2026.”