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Palladyne AI (PDYN) files to sell 17,176 shares; insider sales noted

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Palladyne AI Corp. submitted a Form 144 notice to sell 17,176 shares of Common Stock tied to Restricted Share Units vesting on 05/20/2026. The filing lists prior open-market sales by Denis Garagic of 15,149 and 12,945 shares on 03/30/2026 and 03/12/2026, with cash amounts shown in the excerpt.

Positive

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Negative

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Insights

TL;DR: A Form 144 notice documents proposed resale of vested RSUs and recent officer transactions.

The filing records the proposed sale of 17,176 shares related to Restricted Share Units vesting on 05/20/2026. Form 144s notify the market of intended resale under Rule 144 and do not by themselves confirm completed trades.

Prior sales by Denis Garagic are listed: 15,149 shares on 03/30/2026 for $84,020.90 and 12,945 shares on 03/12/2026 for $97,734.75. Cash‑flow treatment and whether these proposed shares have been sold are not confirmed in the excerpt; subsequent filings would show settlement or executed dispositions.

Proposed resale 17,176 shares RSU vesting on <date>05/20/2026</date>
Prior sale 1 15,149 shares sold on <date>03/30/2026</date>
Proceeds from prior sale 1 <money>$84,020.90</money> 03/30/2026 transaction amount shown in excerpt
Prior sale 2 12,945 shares sold on <date>03/12/2026</date>
Proceeds from prior sale 2 <money>$97,734.75</money> 03/12/2026 transaction amount shown in excerpt
Form 144 regulatory
"Filer Information | 144: Filer Information"
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
"Restricted Share Units Vesting - See Remarks"
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.
RSU vesting financial
"Securities To Be Sold | 05/20/2026 | Restricted Share Units Vesting"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

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

The Form 144 lists a proposed resale of 17,176 shares of Common Stock tied to RSU vesting on 05/20/2026. It also shows recent sales by Denis Garagic on 03/30/2026 and 03/12/2026 with cash amounts.

Who is the selling party named in the PDYN Form 144 excerpt?

The excerpt identifies transactions associated with Denis Garagic and a proposed sale tied to RSU vesting by the issuer. Denis Garagic sold 15,149 and 12,945 shares in March 2026, per the filing text.

How many shares were sold by Denis Garagic in the past three months on PDYN filings?

The excerpt shows Denis Garagic sold 15,149 shares on 03/30/2026 and 12,945 shares on 03/12/2026, with reported proceeds of $84,020.90 and $97,734.75, respectively.

Are the 17,176 shares in the PDYN Form 144 already sold?

The filing indicates a proposed sale tied to RSU vesting on 05/20/2026. A Form 144 notifies intended resale; it does not by itself confirm that the shares were sold or the timing of any sale.