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Applied Digital | 8-K: Current report

Applied Digital | 8-K: Current report

Applied Digital | 8-K:重大事件
美股SEC公告 ·  2024/10/15 14:30

Moomoo AI 已提取核心訊息

Applied Digital announced key management changes effective October 15, 2024. Current CFO David Rench will transition to Chief Administrative Officer, while Saidal Mohmand, Executive VP of Finance, will be promoted to CFO. Mohmand will receive an annual base salary of $475,000 with a 75% target bonus and equity awards including 490,000 RSUs and 490,000 PSUs.The company also renewed CEO Wes Cummins' contract through October 2027, increasing his base salary to $750,000 retroactive to June 1, 2024. Cummins' agreement includes a 100% target bonus opportunity (maximum 200%) and provisions for equity awards. In case of termination without cause, he will receive 18 months' salary and benefits, extending to 30 months if following a change in control.
Applied Digital announced key management changes effective October 15, 2024. Current CFO David Rench will transition to Chief Administrative Officer, while Saidal Mohmand, Executive VP of Finance, will be promoted to CFO. Mohmand will receive an annual base salary of $475,000 with a 75% target bonus and equity awards including 490,000 RSUs and 490,000 PSUs.The company also renewed CEO Wes Cummins' contract through October 2027, increasing his base salary to $750,000 retroactive to June 1, 2024. Cummins' agreement includes a 100% target bonus opportunity (maximum 200%) and provisions for equity awards. In case of termination without cause, he will receive 18 months' salary and benefits, extending to 30 months if following a change in control.
Applied Digital 宣佈自2024年10月15日起實施關鍵管理變動。現任財務長 David Rench 將轉任首席行政官,而財務執行副總裁 Saidal Mohmand 將提升爲財務長。Mohmand 的年基本工資爲475,000美元,目標獎金爲75%的比例,還有包括490,000 RSUs和490,000 PSUs在內的股票獎勵。公司還續簽了首席執行官 Wes 康明斯的合同,期限延長至2027年10月,將他的基本工資追溯至2024年6月1日提升至750,000美元。康明斯的協議包括100%的目標獎金機會(最高可達200%)和股票獎勵條款。如果因無故解僱,他將獲得18個月的薪水和福利,如果是在控制權變更後將延長至30個月。
Applied Digital 宣佈自2024年10月15日起實施關鍵管理變動。現任財務長 David Rench 將轉任首席行政官,而財務執行副總裁 Saidal Mohmand 將提升爲財務長。Mohmand 的年基本工資爲475,000美元,目標獎金爲75%的比例,還有包括490,000 RSUs和490,000 PSUs在內的股票獎勵。公司還續簽了首席執行官 Wes 康明斯的合同,期限延長至2027年10月,將他的基本工資追溯至2024年6月1日提升至750,000美元。康明斯的協議包括100%的目標獎金機會(最高可達200%)和股票獎勵條款。如果因無故解僱,他將獲得18個月的薪水和福利,如果是在控制權變更後將延長至30個月。
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