Applied Digital Approves Performance Stock Units for Executives
Applied Digital Corporation (APLD) has approved performance stock unit grants for key executives under its 2024 Omnibus Equity Incentive Plan. The board granted 1,600,000 units to CEO Wes Cummins, 245,000 units to CFO Saidal Mohmand, and 600,000 units to COO Laura Laltrello, emphasizing the alignment of executive incentives with performance goals. The company operates in the technology sector, focusing on digital infrastructure solutions, and currently has a market cap of $1.25B with a year-to-date price performance of -21.92%.
Applied Digital Corporation ( (APLD) ) has issued an update.
On March 27, 2025, Applied Digital Corporation’s board approved performance stock unit grants for key executives under its 2024 Omnibus Equity Incentive Plan. These grants, which are subject to performance-based vesting conditions, include 1,600,000 units for CEO Wes Cummins, 245,000 units for CFO Saidal Mohmand, and 600,000 units for COO Laura Laltrello, highlighting the company’s commitment to aligning executive incentives with performance goals.
More about Applied Digital Corporation
Applied Digital Corporation operates in the technology industry, focusing on providing digital infrastructure solutions and services.
YTD Price Performance: -21.92%
Average Trading Volume: 26,647,568
Technical Sentiment Signal: Hold
Current Market Cap: $1.25B
Find detailed analytics on APLD stock on TipRanks’ Stock Analysis page.
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