Wes Cummins, 47, has served as Chief Executive Officer and Chairman of Applied Digital since November 2024. He first joined Applied Digital's board in February 2007, served as sole officer from March 2012 to December 2020, and returned to the board in March 2021 in the role of CEO and Secretary. He is the founder and CEO of 272 Capital LP, a registered investment advisor.
Prior to his current roles, Cummins was an analyst at Nokomis Capital, L.L.C. from October 2012 to February 2020, and served as president of B. Riley & Co. from 2002 to 2011. He currently serves on the board of Sequans Communications S.A. (NYSE: SQNS), a fabless cellular semiconductor designer. He previously held board seats at Telenav (NASDAQ: TNAV) from August 2016 to February 2021 and Vishay Precision Group, Inc. (NYSE: VPG) from July 2017 to June 2024.
Cummins holds a BSBA from Washington University in St. Louis, majoring in finance and accounting.
Biography extracted from Applied Digital DEF 14A filed 2025-09-22 View cached copy (2026-08-31)Live source ↗
Photo: applieddigital.com (Applied Digital official site) · retrieved 2026-08-31 · cached copy · match confidence high
Roles
Contiguous filings for the same role are collapsed into a single tenure span. Click a row to see the underlying filings.
| Company | Role | Tenure | Filings |
|---|---|---|---|
| Applied Digital | CEO; Chairman, Director | 2026-01 → present (8mo) | 6 |
Show 6 underlying filings | |||
Compensation
| Year | Role as filed | Salary | Bonus | Stock awards | Incentive | Other | Total | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | Chief Executive Officer, Chairman and President | $706.3K | $1.50M | $25.46M | — | $39.8K | $27.71M | View cached copy (2026-08-31)Live source ↗ |
| 2024 | Chief Executive Officer, Chairman and President | $600.0K | $600.0K | — | — | $37.0K | $1.24M | View cached copy (2026-08-31)Live source ↗ |
| 2023 | Chief Executive Officer, President, Secretary and Treasurer | $312.5K | $150.0K | $5.46M | — | $37.1K | $5.95M | View cached copy (2026-08-31)Live source ↗ |
| 2022 | Chief Executive Officer, President, Secretary, Treasurer and Chair of the Board | $279.2K | $300.0K | — | $4.02M | — | $4.60M | View cached copy (2026-08-31)Live source ↗ |
| 2021 | Chief Executive Officer, President, Secretary, Treasurer and Chair of the Board | $52.1K | — | — | — | — | $52.1K | View cached copy (2026-08-31)Live source ↗ |
As reported in the company's DEF 14A Summary Compensation Table (SEC Reg S-K Item 402(c)). Stock and option awards are grant-date fair values — what the award was worth on the day it was granted, not cash received and not what it is worth now. Every row here reconciles: its columns add up to the total the filing printed.
Insider transactions
Totals for this person
| Bucket | Invested (shares) | Invested (USD) | Divested (shares) | Divested (USD) | Net direction | Txns | Invested @ last price | Divested @ last price |
|---|---|---|---|---|---|---|---|---|
| All time | 9,514,685 | $0 | 1,183,329 | $39.37M | ↓ Divested $39.37M | 14 | $246.53M | $30.66M |
| 2026 | 9,514,685 | $0 | 1,183,329 | $39.37M | ↓ Divested $39.37M | 14 | $246.53M | $30.66M |
| 2026-Q1 | 6,000,000 | $0 | 165,000 | $6.01M | ↓ Divested $6.01M | 3 | $155.46M | $4.28M |
| 2026-Q2 | 1,200,000 | $0 | 388,729 | $16.11M | ↓ Divested $16.11M | 8 | $31.09M | $10.07M |
| 2026-Q3 | 2,314,685 | $0 | 629,600 | $17.24M | ↓ Divested $17.24M | 3 | $59.97M | $16.31M |
Invested = shares acquired (buys, grants, option exercises) — insider adding to the position. Divested = shares reduced (sells, dispositions, tax-withholding) — cash flowing TO the insider. Net direction shows which side wins on dollar terms in each bucket. % of holder's stake not yet computed (pending Form 3/4 holdings ingest). See methodology. The two @ last price columns restate the same share counts at the most recent share price we read (close of 2026-09-03); they are a valuation, not a cash flow, and they move every day the market does.
All transactions
| Date | Company | Kind | Shares | Amount (USD) | Value @ last price |
|---|---|---|---|---|---|
| 2026-08-04 | Applied Digital | Other acquisition / disposition | 714,685 | - | $18.52M |
| 2026-07-31 | Applied Digital | Tax withholding on vesting | 629,600 | $17,244,744 | $16.31M |
| 2026-07-31 | Applied Digital | Grant / award / vesting | 1,600,000 | - | $41.46M |
| 2026-06-22 | Applied Digital | Grant / award / vesting | 800,000 | - | $20.73M |
| 2026-06-22 | Applied Digital | Tax withholding on vesting | 314,800 | $14,228,960 | $8.16M |
| 2026-04-10 | Applied Digital | Option / RSU exercise · Restricted Stock Unit | 100,000 | - | $2.59M |
| 2026-04-10 | Applied Digital | Option / RSU exercise | 100,000 | - | $2.59M |
| 2026-04-10 | Applied Digital | Tax withholding on vesting | 39,350 | $1,033,331 | $1.02M |
| 2026-04-04 | Applied Digital | Option / RSU exercise | 100,000 | - | $2.59M |
| 2026-04-04 | Applied Digital | Tax withholding on vesting | 34,579 | $849,260 | $895.9K |
| 2026-04-04 | Applied Digital | Option / RSU exercise · Restricted Stock Unit | 100,000 | - | $2.59M |
| 2026-01-16 | Applied Digital | Open-market sale | 165,000 | $6,009,300 | $4.28M |
| 2026-01-06 | Applied Digital | Grant / award / vesting | 1,500,000 | - | $38.87M |
| 2026-01-06 | Applied Digital | Grant / award / vesting · Performance Stock Units | 4,500,000 | - | $116.59M |