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Wes Cummins received $27.7M in total compensation as Chairman of the Board and Chief Executive Officer of Applied Digital Corp. in FY2025. The largest component was $27.2M in stock awards. That’s up 522% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Wes Cummins, Chairman of the Board and Chief 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 522% from $4.5 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 (Chairman of the Board and Chief Executive Officer) with total compensation of $27.7 million.
Chairman of the Board and Chief Executive Officer
98% equity · 2% cash
Based on DEF 14A filed 2025-09-22 · FY2025
Team view
1 executive
Chairman of the Board and Chief Executive Officer
Total PayFY2025
$27.7M
FY2025 total compensation breakdown
$27.7M total compensation
Wes Cummins earned $27.7M in FY2025 — here's how that breaks down.
$27.2M
98% of total
$500.0K
2% of total
Activity timeline · FY2025
Recent events from filings
Nov 25, 2025
Jason Zhang — Retention Agreement | Awarded 170,000 restricted stock units (RSUs).; RSUs represent a right to receive one share of common stock upon vesting.; RSUs were fully vested on the Grant Date (November 25, 2025).; Awarded under the Company's 2024 Omnibus Equity Incentive Plan.
Nov 25, 2025
Jason Zhang RSU – 2024 Omnibus Equity Incentive Plan (170,000 threshold)
Sep 22, 2025
Wes Cummins Restricted Stock Award – 2024 Incentive Plan (28,606 threshold)
Sep 22, 2025
Wes Cummins Restricted Stock Award – Original Cummins Employment Agreement (3,000,000 threshold)
Sep 22, 2025
Wes Cummins PSU – 2024 Incentive Plan
Sep 22, 2025
Chad Mohmand RSU – 2022 Incentive Plan (125,000 threshold)
Sep 22, 2025
Chad Mohmand RSU – 2022 Incentive Plan
Sep 22, 2025
Chad Mohmand PSU – 2024 Incentive Plan
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Pay changes vs. stock performance
1 year of data
Recent insider trades by officers and directors
110 trades
For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | Wes Cummins Chairman of the Board and Chief Executive Officer | $0.50M | $0.00M | $27.2M | $0.00M | $0.00M | $27.7M |
| 2024 | Wes Cummins Chairman of the Board and Chief Executive Officer | $0.45M | $0.00M | $4.00M | $0.00M | $0.00M | $4.45M |
| 2023 | Wes Cummins Chairman of the Board and Chief Executive Officer | $0.45M | $0.00M | $4.00M | $0.27M | $0.00M | $4.72M |
| 2022 | Wes Cummins Chairman of the Board and Chief Executive Officer | $0.45M | $0.00M | $10.6M | $0.50M | $0.00M | $11.6M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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