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Compiled from SEC Form N-PX filings and Applied Digital Corporation’s Form 8-K, filed November 6, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.
Meeting of November 5, 2025: 11 items on Applied Digital Corporation’s Form 8-K, filed November 6, 2025: 11 without a stated outcome.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Applied Digital Corporation in the interactive database Compare manager voting policies
These tallies are Applied Digital Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed November 6, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Wes Cummins | 120,012,182 | -- | -- | 962,572 | 64,334,458 | 99.2% | Not verified | — |
| Elect Director: Ella Benson | 117,361,685 | -- | -- | 3,613,069 | 64,334,458 | 97% | Not verified | — |
| Elect Director: Chuck Hastings | 117,356,855 | -- | -- | 3,617,899 | 64,334,458 | 97% | Not verified | — |
| Elect Director: Rachel Lee | 117,841,328 | -- | -- | 3,133,426 | 64,334,458 | 97% | Not verified | — |
| Elect Director: Douglas Miller | 120,172,138 | -- | -- | 802,616 | 64,334,458 | 99.3% | Not verified | — |
| Elect Director: Richard Nottenburg | 110,352,783 | -- | -- | 10,621,971 | 64,334,458 | 91% | Not verified | — |
| The votes were cast as follows with respect to the proposal to ratify the appointment of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2026: | 184,274,121 | 521,506 | 513,585 | -- | -- | 99.7% | Not verified | — |
| Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement: | 63,373,101 | 57,050,059 | 551,594 | -- | 64,334,458 | 52.6% | Not verified | — |
| Proposal 4: The votes were cast as follows with respect to the proposal to approve the First Amendment: | 115,713,356 | 4,841,785 | 419,613 | -- | 64,334,458 | 96% | Not verified | — |
| Proposal 5: The votes were cast as follows with respect to the proposal to approve the Certificate of Amendment: | 175,797,202 | 8,692,330 | 819,680 | -- | -- | 95% | Not verified | — |
| Proposal 6: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insuf | 134,078,050 | 50,192,159 | 1,039,003 | -- | -- | 73% | Not verified | — |
Source: Applied Digital Corporation, Form 8-K, filed with the SEC on November 6, 2025 — read the filing on EDGAR.
Each item below shows how the 301 asset managers that disclosed a Applied Digital Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Applied Digital Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 3 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Wes Cummins
Applied Digital Corporation’s own tally for this item (“Elect Director: Wes Cummins”): 120,012,182 for, 962,572 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 31,801,089 for, 26,159 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 484,632 | 0 | 0 | 0 | For |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Ella Benson
Applied Digital Corporation’s own tally for this item (“Elect Director: Ella Benson”): 117,361,685 for, 3,613,069 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 31,801,089 for, 26,159 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 484,632 | 0 | 0 | 0 | For |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Chuck Hastings
Applied Digital Corporation’s own tally for this item (“Elect Director: Chuck Hastings”): 117,356,855 for, 3,617,899 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 31,675,541 for, 151,707 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 359,084 | 0 | 0 | 125,548 | Mixed |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Rachel Lee
Applied Digital Corporation’s own tally for this item (“Elect Director: Rachel Lee”): 117,841,328 for, 3,133,426 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 31,801,089 for, 26,159 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 484,632 | 0 | 0 | 0 | For |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Douglas Miller
Applied Digital Corporation’s own tally for this item (“Elect Director: Douglas Miller”): 120,172,138 for, 802,616 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 31,693,603 for, 133,645 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 359,084 | 0 | 0 | 125,548 | Mixed |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 3 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Richard Nottenburg
Applied Digital Corporation’s own tally for this item (“Elect Director: Richard Nottenburg”): 110,352,783 for, 10,621,971 withheld, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 61 asset managers below reported 28,578,546 for, 3,248,702 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 2,745,897 | 0 | 0 | 614,347 | Mixed |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 187,925 | 0 | 0 | 2,048,674 | Mixed |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 42,304 | 0 | 0 | 442,328 | Mixed |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 0 | 8,097 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 0 | 0 | 60,916 | Withhold |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
99.9% of fund votes cast · no official result
Description as filed by funds: APPROVE AN AMENDMENT TO THE COMPANY'S SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE THEREUNDER BY 200,000,000 SHARES.
The 58 asset managers below reported 30,824,375 for, 8,097 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 484,632 | 0 | 0 | 0 | For |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 8,097 | 0 | 0 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
| John Hancock | 50,224 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 45,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.
73% Majority: yes · of votes cast
Description as filed by funds: APPROVE THE ADJOURNMENT OF THE ANNUAL MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO PERMIT FURTHER SOLICITATION AND VOTE OF PROXIES IN THE EVENT THAT THERE ARE INSUFFICIENT VOTES FOR, OR OTHERWISE IN CONNECTION WITH, THE APPROVAL OF ANY ONE OR MORE OF THE FOREGOING PROPOSALS.
Applied Digital Corporation’s own tally for this item (“Proposal 6: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of p”): 134,078,050 for, 50,192,159 against, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 73% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 58 asset managers below reported 11,294,966 for, 19,529,409 against, 8,097 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 13,492,784 | 0 | 0 | Against |
| Fidelity | 3,167,444 | 192,800 | 0 | 0 | Mixed |
| T. Rowe Price | 0 | 2,985,426 | 0 | 0 | Against |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 0 | 765,734 | 0 | 0 | Against |
| CoinShares ETF Trust | 0 | 563,650 | 0 | 0 | Against |
| Equitable | 359,084 | 125,548 | 0 | 0 | Mixed |
| First Trust | 0 | 428,558 | 0 | 0 | Against |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 0 | 223,021 | 0 | 0 | Against |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 130,609 | 0 | 0 | Against |
| Brighthouse | 0 | 105,290 | 8,097 | 0 | Mixed |
| RBB FUND, INC. | 0 | 100,421 | 0 | 0 | Against |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| Northwestern Mutual | 0 | 54,284 | 0 | 0 | Against |
| Goldman Sachs | 0 | 52,101 | 0 | 0 | Against |
| Brinker Capital Destinations Trust | 0 | 50,315 | 0 | 0 | Against |
| John Hancock | 0 | 50,224 | 0 | 0 | Against |
| Bridge Builder Trust | 45,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.
99% of fund votes cast · no official result
Description as filed by funds: APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AMENDMENT TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE BY 15,000,000 SHARES.
The 62 asset managers below reported 30,741,869 for, 332,737 against, 8,097 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,167,444 | 192,800 | 0 | 0 | Mixed |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 359,084 | 125,548 | 0 | 0 | Mixed |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| Harvey Partners, LLC | 250,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 8,097 | 0 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 73,748 | 5,239 | 0 | 0 | Mixed |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
| John Hancock | 50,224 | 0 | 0 | 0 | For |
Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.
Combines 6 wordings of this item as funds reported it.
52.6% Majority: yes · of votes cast
Description as filed by funds: Approve, on an advisory basis, the executive compensation of the Company's named executive officers as described in the proxy statement.
Applied Digital Corporation’s own tally for this item (“Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement:”): 63,373,101 for, 57,050,059 against, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 52.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 13,492,784 | 0 | 0 | Against |
| Fidelity | 2,745,897 | 614,347 | 0 | 0 | Mixed |
| T. Rowe Price | 0 | 2,985,426 | 0 | 0 | Against |
| BlackRock | 187,925 | 2,048,674 | 0 | 0 | Mixed |
| Charles Schwab | 0 | 1,936,304 | 0 | 0 | Against |
| Global X | 0 | 1,810,581 | 0 | 0 | Against |
| Bitwise Funds Trust | 0 | 927,534 | 0 | 0 | Against |
| VanEck ETF Trust | 0 | 880,439 | 0 | 0 | Against |
| Voya | 0 | 765,734 | 0 | 0 | Against |
| CoinShares ETF Trust | 0 | 563,650 | 0 | 0 | Against |
| Equitable | 42,304 | 442,328 | 0 | 0 | Mixed |
| First Trust | 0 | 428,558 | 0 | 0 | Against |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 0 | 223,021 | 0 | 0 | Against |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 130,609 | 0 | 0 | Against |
| Brighthouse | 0 | 105,290 | 8,097 | 0 | Mixed |
| RBB FUND, INC. | 0 | 100,421 | 0 | 0 | Against |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 0 | 78,987 | 0 | 0 | Against |
| Pacific Life | 0 | 60,916 | 0 | 0 | Against |
| JPMorgan | 0 | 60,515 | 0 | 0 | Against |
| Northwestern Mutual | 0 | 54,284 | 0 | 0 | Against |
| Goldman Sachs | 0 | 52,101 | 0 | 0 | Against |
| Brinker Capital Destinations Trust | 0 | 50,315 | 0 | 0 | Against |
Fund voting reports, all 62 managers: 3,644,037 for, 28,176,114 against, 8,097 abstained, 1 not voted. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| DE Shaw | 0 | 9,361,898 | 0 | 0 | Against |
| Hood River Capital Management LLC | 7,472,423 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 5,199,438 | 0 | 0 | Against |
| BlackRock | 236,391 | 4,468,051 | 0 | 0 | Mixed |
| GEODE CAPITAL MANAGEMENT, LLC | 3,032,604 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 1,937,118 | 0 | 0 | Against |
| State Street | 150 | 1,754,865 | 0 | 0 | Against |
| Shellback Capital, LP | 1,624,188 | 0 | 0 | 0 | For |
| Voya | 0 | 1,322,236 | 0 | 0 | Against |
| MARSHALL WACE, LLP | 0 | 1,086,529 | 0 | 0 | Against |
| Northern Trust | 916,435 | 30,489 | 0 | 0 | For |
| BOOTHBAY FUND MANAGEMENT, LLC | 903,970 | 0 | 0 | 0 | For |
| Two Sigma | 0 | 895,768 | 0 | 0 | Against |
| VAN ECK ASSOCIATES CORP | 0 | 884,156 | 0 | 0 | Against |
| DRIEHAUS CAPITAL MANAGEMENT LLC | 0 | 874,750 | 0 | 0 | Against |
| Vanguard | 0 | 818,222 | 0 | 0 | Against |
| Citadel | 547,440 | 0 | 0 | 0 | For |
| THOR INVESTMENT MANAGEMENT INC /OH/ /ADV | 442,888 | 0 | 0 | 0 | For |
| STIFEL NICOLAUS & CO INC \MO\ | 0 | 358,897 | 0 | 0 | Against |
| ARISTEIA CAPITAL, L.L.C. | 0 | 333,300 | 0 | 0 | Against |
| Fidelity | 318,375 | 0 | 0 | 0 | For |
| Goldman Sachs | 0 | 278,867 | 0 | 0 | Against |
| MELLON INVESTMENTS Corp | 271,956 | 0 | 0 | 0 | For |
| UBS | 0 | 264,607 | 0 | 0 | Against |
| Harvey Partners, LLC | 250,000 | 0 | 0 | 0 | For |
Institutional-manager reports, all 247 managers: 17,031,750 for, 32,236,695 against, 47 abstained. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: RATIFY THE APPOINTMENT OF CBIZ CPAS P.C. AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MAY 31, 2026.
Applied Digital Corporation’s own tally for this item (“The votes were cast as follows with respect to the proposal to ratify the appointment of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2026:”): 184,274,121 for, 521,506 against, per its Form 8-K filed November 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 62 asset managers below reported 31,849,501 for, 8,097 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 13,492,784 | 0 | 0 | 0 | For |
| Fidelity | 3,360,244 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,985,426 | 0 | 0 | 0 | For |
| BlackRock | 2,236,599 | 0 | 0 | 0 | For |
| Charles Schwab | 1,936,304 | 0 | 0 | 0 | For |
| Global X | 1,810,581 | 0 | 0 | 0 | For |
| Bitwise Funds Trust | 927,534 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 880,439 | 0 | 0 | 0 | For |
| Voya | 765,734 | 0 | 0 | 0 | For |
| CoinShares ETF Trust | 563,650 | 0 | 0 | 0 | For |
| Equitable | 484,632 | 0 | 0 | 0 | For |
| First Trust | 428,558 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 258,635 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 223,021 | 0 | 0 | 0 | For |
| ETF Opportunities Trust | 192,993 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,609 | 0 | 0 | 0 | For |
| Brighthouse | 105,290 | 0 | 8,097 | 0 | Mixed |
| RBB FUND, INC. | 100,421 | 0 | 0 | 0 | For |
| Lord Abbett | 91,774 | 0 | 0 | 0 | For |
| SEI | 78,987 | 0 | 0 | 0 | For |
| Pacific Life | 60,916 | 0 | 0 | 0 | For |
| JPMorgan | 60,515 | 0 | 0 | 0 | For |
| Northwestern Mutual | 54,284 | 0 | 0 | 0 | For |
| Goldman Sachs | 52,101 | 0 | 0 | 0 | For |
| Brinker Capital Destinations Trust | 50,315 | 0 | 0 | 0 | For |
Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 269,292,902 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 5.01% |
| 2 | Fidelity | 1.25% |
| 3 | T. Rowe Price | 1.11% |
| 4 | BlackRock | 0.83% |
| 5 | Charles Schwab | 0.72% |
| 6 | Global X | 0.67% |
| 7 | Bitwise Funds Trust | 0.34% |
| 8 | VanEck ETF Trust | 0.33% |
| 9 | Voya | 0.28% |
| 10 | CoinShares ETF Trust | 0.21% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | DE Shaw | 3.48% |
| 2 | Hood River Capital Management LLC | 2.77% |
| 3 | T. Rowe Price | 1.93% |
| 4 | BlackRock | 1.75% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 1.13% |
| 6 | Charles Schwab | 0.72% |
| 7 | State Street | 0.65% |
| 8 | Shellback Capital, LP | 0.60% |
| 9 | Voya | 0.49% |
| 10 | MARSHALL WACE, LLP | 0.40% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Applied Digital Corporation | 51.81% | 13D |
| Vanguard Group | 8.97% | 13F |
| Wesley Cummins | 8.19% | 13D |
| Wes Cummins | 8.12% | DEF14A |
| BlackRock | 7.76% | 13F |
| Hood River Capital Management | 5.62% | DEF14A |
| Jane Street Group, LLC | 5.24% | DEF14A |
| Citadel Advisors | 3.06% | 13F |
| Goldman Sachs | 2.97% | 13F |
| Geode Capital | 2.38% | 13F |
Percentages above are of 269,292,902 shares outstanding, as reported by Applied Digital Corporation on its Form 10-Q dated August 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Applied Digital Corporation’s 10-Q dated August 31, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.
At Applied Digital Corporation's shareholder meeting held November 5, 2025, in the 2025-2026 proxy season, 301 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,250 separate fund positions. Their filings are grouped here into 11 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approve, on an advisory basis, the executive compensation of the Company's named executive… — FOR was 52.6% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Applied Digital Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on November 6, 2025.
Applied Digital Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.