---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-002407"
form_type: "8-K"
ticker: "APLD"
cik: "0001144879"
company_name: "Applied Digital Corp."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:12:27.911797+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Applied Digital grants PSUs to CEO, CFO, and COO (2.445M shares total)

## Summary
- CEO Wes Cummins received 1,600,000 PSUs; CFO Saidal Mohmand 245,000; COO Laura Laltrello 600,000.
- Awards are under the 2024 Omnibus Equity Incentive Plan with performance-based vesting conditions.
- Form 8-K/A will follow once award agreements are executed.
- No cash compensation changes disclosed; awards are subject to performance targets not yet specified.

## SEC filing metadata
- accession: 0001641172-25-002407
- form_type: 8-K
- ticker: APLD
- cik: 0001144879
- company_name: Applied Digital Corp.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144879/000164117225002407/0001641172-25-002407-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144879/000164117225002407/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-002407
- JSON: https://secwatch.observer/filing/0001641172-25-002407.json
- Plain text: https://secwatch.observer/filing/0001641172-25-002407.txt

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