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. (C)