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