Palladyne AI (PDYN) files Form 144 to sell 9,916 vested RSUs

Rhea-AI Filing Summary

Palladyne AI Corp. filed a Form 144 to propose the sale of 9,916 shares of Common Stock on 05/20/2026, tied to Restricted Share Units vesting. The filing lists prior open-market sales by Kristi Martindale: 9,386 shares on 03/12/2026, 6,904 shares on 03/23/2026, and 6,771 shares on 03/30/2026.

The Form 144 identifies the transaction type as Equity Compensation and shows the broker and NASDAQ routing details for the proposed resale. This notice reports a planned disposition of vested equity rather than a corporate action by the company.

Insights

Securities Compliance Attorney

Form 144 reports a proposed sale of vested RSUs totaling 9,916 shares on 05/20/2026.

The filing indicates the sale is tied to Restricted Share Units vesting and is being processed through a broker on 05/21/2026. Form 144 is a required notice for certain resale transactions by affiliates and does not itself effect a sale.

Regulatory effects depend on whether the issuer is covered by Rule 144 volume and manner-of-sale conditions; cash-flow treatment and final sale execution details are not provided in the excerpt.

Key Figures

Proposed resale: 9,916 shares Prior sale 1: 9,386 shares Prior sale 2: 6,904 shares +2 more

5 metrics

Proposed resale 9,916 shares Proposed sale tied to RSU vesting on 05/20/2026

Prior sale 1 9,386 shares Sale by Kristi Martindale on 03/12/2026; proceeds listed as 70864.30

Prior sale 2 6,904 shares Sale by Kristi Martindale on 03/23/2026; proceeds listed as 110904.70

Prior sale 3 6,771 shares Sale by Kristi Martindale on 03/30/2026; proceeds listed as 38136.30

Broker routing date 05/21/2026 Broker entry associated with the securities to be sold

Key Terms

Form 144, Restricted Share Units, Equity Compensation

3 terms

Form 144 regulatory

"filed a Form 144 to propose the sale of 9,916 shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Share Units financial

"tied to Restricted Share Units vesting on 05/20/2026"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Equity Compensation financial

"listed as the transaction type: Equity Compensation"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Muriel Siebert & Co., LLC 653 Collins Ave Miami Beach FL 33139	9916	60923.90	47244225	05/21/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/20/2026	Restricted Share Units Vesting - See Remarks	Palladyne AI Corp.			9916	05/20/2026	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Kristi Martindale C/O PALLADYNE AI CORP. 650 SOUTH 500 WEST, SUITE 150 SALT LAKE CITY UT 84101	Common Stock	03/12/2026	9386	70864.30
Kristi Martindale C/O PALLADYNE AI CORP. 650 SOUTH 500 WEST, SUITE 150 SALT LAKE CITY UT 84101	Common Stock	03/23/2026	6904	110904.70
Kristi Martindale C/O PALLADYNE AI CORP. 650 SOUTH 500 WEST, SUITE 150 SALT LAKE CITY UT 84101	Common Stock	03/30/2026	6771	38136.30

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Palladyne AI Corp.'s (PDYN) Form 144 disclose?

It discloses a proposed sale of 9,916 shares of Common Stock tied to RSU vesting on 05/20/2026. The filing shows prior sales by Kristi Martindale on 03/12/2026, 03/23/2026, and 03/30/2026.

Who is listed as the seller in the PDYN Form 144?

The filing identifies vesting-related securities associated with the issuer and lists Kristi Martindale as the person who sold shares earlier. Broker and routing details for the proposed resale are included in the form.

Are the 9,916 shares in the Form 144 already sold?

No. The Form 144 is a notice of a proposed resale of 9,916 shares on 05/20/2026 tied to RSU vesting; execution and final proceeds are not shown in the excerpt.

What transaction type does the Form 144 list for PDYN?

The form lists the transaction as Equity Compensation related to Restricted Share Units vesting. This indicates the shares arise from compensation awards rather than new issuance.