Restricted stock unit awards to employees
Company: Applied Digital
The claim, verbatim
During fiscal year 2026, granted eligible employees service-based restricted stock unit awards vesting over three years and performance-based restricted stock unit awards vesting upon achieving specific performance milestones
Source (primary)
Applied Digital 10-K filed 2026-07-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “During fiscal year 2026, we granted eligible employees service-based restricted stock unit awards that vest over three years and performance-based restricted stock unit awards that vest upon achieving specific performance milestones.”
How we checked this
Checked on September 13, 2026. The cited source supports every part of this claim.
The filing describes both award types and their vesting terms for fiscal 2026.
Confirmed in the source:
- During fiscal year 2026, eligible employees were granted service-based restricted stock unit awards vesting over three years
- During fiscal year 2026, eligible employees were granted performance-based restricted stock unit awards vesting upon specific performance milestones
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000048/apld-20260531.htm) in full (594,188 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 10-K filed 2026-07-29
Quote: “During fiscal year 2026, we granted eligible employees service-based restricted stock unit awards that vest over three years and performance-based restricted stock unit awards that vest upon achieving specific performance milestones.”