home · filing · 0001493152-25-007903
8-K/A filed February 21, 2025, 6:59 PM ET
ticker APLD
CIK 0001144879
leadership
confidence high
sentiment neutral
materiality 0.50
Applied Digital discloses terms of CAO transition and CTO separation agreements
Applied Digital Corp.
David Rench transitions to consultant; receives $593,750 transition payment over 15 months with continued RSU/PSU vesting.
Michael Maniscalco resigns; receives $200,000 severance over 6 months and accelerated vesting of 159,979 RSUs.
Rench's 612,500 PSUs: half forfeit if conditions unmet by April 30, 2026; half remain eligible through Dec 31, 2027.
Both agreements include standard release of claims, confidentiality, and non-disparagement provisions.
No other changes to prior 8-K disclosures; agreements effective as of January 31, 2025.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Michael Maniscalco
Chief Technology Officer
APLD ·
Applied Digital Corp.
Effective 2025-01-31
Filed February 21, 2025, 6:59 PM ET
its former Chief Technology Officer, Michael Maniscalco, resigned, effective January 31, 2025, to pursue other opportunities
Effective 2025-01-31
Filed February 21, 2025, 6:59 PM ET
its former Chief Administrative Officer, David Rench, is transitioning to a consulting role with the Company, effective January 31, 2025
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Maniscalco resigned as Chief Technology Officer at Applied Digital Corp..
Action resigned
Role Chief Technology Officer
Exact text from the filing
its former Chief Technology Officer, Michael Maniscalco, resigned, effective January 31, 2025, to pursue other opportunities
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Rench changed role as Chief Administrative Officer at Applied Digital Corp..
Action transitioned from Chief Administrative Officer to consultant
Role Chief Administrative Officer
Exact text from the filing
its former Chief Administrative Officer, David Rench, is transitioning to a consulting role with the Company, effective January 31, 2025
View on SEC.gov
Source: SEC EDGAR
accession 0001493152-25-007903
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.