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Applied Digital CEO Wes Cummins vests 100,000 RSUs under 2024 equity award plan
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Applied Digital CEO Wes Cummins vests 100,000 RSUs under 2024 equity award plan
  • Applied Digital disclosed vesting of 100,000 restricted stock units into common stock on Oct. 10, 2026.
  • CEO and Chairman Wes Cummins reported 200,000 restricted stock units remaining after the vesting.
  • 39,350 common shares were withheld to cover taxes tied to the vesting.
  • Directly held common shares stood at 5,818,650 following the transactions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001391935-26-000007), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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