Summary by Moomoo AI
On 12/27/2024, Rachel H. Lee, an insider at Applied Digital, was granted 28,606 shares of Common Stock at $0 per share. This transaction was reported as a direct acquisition under the transaction code 'A', indicating a grant, award, or other acquisition.Following this transaction, Lee's direct ownership in Applied Digital increased to 107,825 shares. The grant was executed as part of the company's equity compensation plan, likely aligning the insider's interests with those of shareholders.This transaction has been marked as completed, suggesting all regulatory requirements have been met. The timing of the grant, set for late 2024, indicates a forward-looking equity incentive structure at Applied Digital.