Jason Zhang PSU and RSU grant
Company: Applied Digital
The claim, verbatim
Jason Zhang was granted 1,500,000 performance stock units and 500,000 restricted stock units on February 6, 2026 in connection with his transition to President and Co-Founder
Source (primary)
Applied Digital 8-K filed 2026-02-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Board of Directors (the "Board") of Applied Digital Corporation (the "Company"), based on the recommendation of the Compensation Committee of the Board (the "Compensation Committee"), unanimously approved the grant to Jason Zhang of 1,500,000 performance stock units (the "Zhang PSUs"), and 500,000 restricted stock units (the "Zhang RSUs") in connection with Mr. Zhang's previously announced transition to the role of President and Co-Founder of the Company”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2026-02-09
Quote: “the Board of Directors (the "Board") of Applied Digital Corporation (the "Company"), based on the recommendation of the Compensation Committee of the Board (the "Compensation Committee"), unanimously approved the grant to Jason Zhang of 1,500,000 performance stock units (the "Zhang PSUs"), and 500,000 restricted stock units (the "Zhang RSUs") in connection with Mr. Zhang's previously announced transition to the role of President and Co-Founder of the Company”