Summary by Futu AI
On 12/27/2024, Applied Digital Corp. insider Benson Ella G. was granted 28,606 shares of Common Stock at $0 per share. This transaction was reported as a direct acquisition, classified under the transaction code 'A' for grant, award, or other acquisition.Following this transaction, Benson Ella G.'s direct ownership of Applied Digital Common Stock increased to 130,067 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 insider activity, scheduled for the future, suggests ongoing commitment to the company's long-term performance. Investors should note that such grants are often subject to vesting periods and may indicate the company's strategy for retaining key personnel.