---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-017092"
form_type: "8-K"
ticker: "APLD"
cik: "0001144879"
company_name: "Applied Digital Corp."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:42:49.211883+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# APLD grants profits interests awards to four executives representing ~5.25% of EKSO shares in pending deal

## Summary
- Awards of MIP Units granted on April 9, 2026 to Wes Cummins, Jason Zhang, Saidal Mohmand, and Laura Laltrello.
- Each award fully vested upon grant under newly adopted APLD ChronoScale Management LLC Equity Incentive Plan.
- Awards represent approximately 5.25% of EKSO common stock to be issued to Holdco under the Contribution and Exchange Agreement.
- Plan designed to provide incentive for Holdco Group success and growth.

## SEC filing metadata
- accession: 0001493152-26-017092
- form_type: 8-K
- ticker: APLD
- cik: 0001144879
- company_name: Applied Digital Corp.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144879/000149315226017092/0001493152-26-017092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144879/000149315226017092/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-017092
- JSON: https://secwatch.observer/filing/0001493152-26-017092.json
- Plain text: https://secwatch.observer/filing/0001493152-26-017092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.