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Wes Cummins received $27.7M in total compensation as Principal Executive Officer of Applied Digital Corp. in FY2025. The largest component was $27.2M in stock awards. That’s up 2140% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Wes Cummins, Principal Executive Officer of Applied Digital Corp. (APLD), received total compensation of $27.7 million.
Wes Cummins's compensation breakdown includes: base salary of $500K, stock awards valued at $27.2 million,.
Compared to fiscal year 2024, Wes Cummins's total compensation increased 2140% from $1.2 million to $27.7 million.
Applied Digital Corp.'s top 1 named executive officers received combined total compensation of $27.7 million in fiscal year 2025.
The named executive officers disclosed in Applied Digital Corp.'s 2025 proxy statement are:Wes Cummins (Principal Executive Officer) with total compensation of $27.7 million.
Wes Cummins, Principal Executive Officer of Applied Digital Corp. (APLD), received $27,708,092 in total compensation for FY2025, up 2139.9% from the prior year. Stock awards of $27,208,092 were the largest component. Figures come from Applied Digital Corp.'s DEF 14A 0001493152-25-014495 filed 22 Sep 2025.
Source Filing
Executive Record
Wes Cummins
Principal Executive Officer
Reported Pay
$27.7MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $27.7M against +221% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +999%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for APLD.
Applied Digital Corp. (APLD) — Key Facts
Last updated Aug 25, 2026 · DEF 14A filed Sep 22, 2025
| CEO | Wes Cummins, Principal Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $27.7M |
| Base salary | $500K |
| Stock awards | $27.2M |
| Year-over-year change | +2140% |
| Source | DEF 14A, 2025-09-22 |
Wes Cummins, the Principal Executive Officer of Applied Digital Corp., received total compensation of $27,708,092 in fiscal year 2025. This includes base salary of $500,000 and stock awards valued at $27,208,092. Figures come from Applied Digital Corp.'s DEF 14A 0001493152-25-014495 filed 22 Sep 2025.
Wes Cummins's base salary at Applied Digital Corp. is $500,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $27,708,092. Figures come from Applied Digital Corp.'s DEF 14A 0001493152-25-014495 filed 22 Sep 2025.
Applied Digital Corp.'s CEO, Wes Cummins, earned $27,708,092 in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($27,208,092) rather than base salary ($500,000). Figures come from Applied Digital Corp.'s DEF 14A 0001493152-25-014495 filed 22 Sep 2025.
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