Applied Digital Approves Performance Stock Units for Executives
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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%.
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