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CompBrief
Fiscal year 2025

Wes Cummins — FY2025 total compensation $27,708,092

Wes Cummins is Chief Executive Officer, Chairman and President of Applied Digital Corp. (APLD). The company reported total compensation of $27,708,092 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$706,251
Bonus$1,500,000
Stock awards$25,462,000
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$39,841
Total$27,708,092

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Applied Digital Corp. filed September 22, 2025, accession 0001493152-25-014495.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer, Chairman and President$706,251$1,500,000$25,462,000$0$0$0$39,841$27,708,092
FY2024Chief Executive Officer, President, Secretary, Treasurer and Chair of the Board$600,000$600,000$0$0$0$37,002$1,237,002
FY2023Chief Executive Officer, President, Secretary and Treasurer$312,500$150,000$0$0$0$0$5,492,078$5,954,578
FY2022Chairman of the Board and Chief Executive Officer$300,000$250,000$899,910$900$1,450,810

Totals as disclosed in each year's own compensation disclosure for Applied Digital Corp..

03

Peer context

Peer-group chief executive median$8,088,634
Difference from that median$19,619,458
Percentile within the disclosed peer group89th
Peers with a disclosed figure18

Medians and percentiles are computed across the peer group Applied Digital Corp. discloses in its own compensation disclosure.

04

The other named executive officers of Applied Digital Corp.

Named executive officerRoleFY2025 total
Wes Cummins this pageChief Executive Officer, Chairman and President$27,708,092
Laura LaltrelloChief Operating Officer$9,946,409
Saidal MohmandChief Financial Officer$9,787,555

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Applied Digital Corp. compensation brief.

05

The company page

Wes Cummins's compensation sits inside Applied Digital Corp.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Applied Digital Corp. (APLD) compensation brief