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