Palladyne AI (PDYN) director receives 15,083 restricted stock units in equity grant

Rhea-AI Filing Summary

Olson Eric T reported acquisition or exercise transactions in this Form 4 filing.

Palladyne AI Corp. director Eric T. Olson received an equity award in the form of restricted stock units. The Form 4 reports a grant of 15,083 shares of Common Stock at a price of $0.00 per share as a compensation-related award, not an open-market purchase.

Following this grant, Olson holds 74,079 shares of Common Stock directly. The 15,083 restricted stock units each represent the right to receive one share of Palladyne AI common stock and will vest on the earlier of the first anniversary of the grant date or the day prior to the next annual meeting of stockholders, subject to his continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Olson Eric T

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,083	$0.00	--

Holdings After Transaction: Common Stock — 74,079 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 15,083 shares Grant price per share: $0.00 per share Total shares after transaction: 74,079 shares +2 more

5 metrics

RSUs granted 15,083 shares Restricted stock unit award reported on Form 4

Grant price per share $0.00 per share Stated transaction price for RSU grant

Total shares after transaction 74,079 shares Direct holdings following the RSU grant

RSU vesting trigger 1 First anniversary of grant One of the vesting conditions for the 15,083 RSUs

RSU vesting trigger 2 Day prior to next annual meeting Alternative vesting date for the 15,083 RSUs

Key Terms

restricted stock units ("RSUs"), Service Provider, annual meeting of the Issuer's stockholders

3 terms

restricted stock units ("RSUs") financial

"Includes 15,083 restricted stock units ("RSUs"), each RSU representing the right to receive one share of common stock"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Service Provider financial

"subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date"

annual meeting of the Issuer's stockholders financial

"the day prior to the date of the next annual meeting of the Issuer's stockholders"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olson Eric T

(Last) (First) (Middle)

C/O PALLADYNE AI CORP

650 SOUTH 500 WEST, SUITE 150

(Street)

SALT LAKE CITY UTAH 84101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Palladyne AI Corp. [ PDYN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		A		15,083	A	$0	74,079(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 15,083 restricted stock units ("RSUs"), each RSU representing the right to receive one share of common stock of the Issuer. The RSUs will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders following the date the award was granted, in each case, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.

	/s/ Stephen Sonne, Attorney-in-fact on behalf of Eric T. Olson	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Palladyne AI Corp. (PDYN) report for Eric T. Olson?

Palladyne AI Corp. reported that director Eric T. Olson received a grant of 15,083 shares of Common Stock as a compensation-related award. These are restricted stock units, not an open-market stock purchase, and form part of his equity-based compensation package.

How many shares did Eric T. Olson acquire in the latest PDYN Form 4 filing?

Eric T. Olson acquired 15,083 shares of Palladyne AI Corp. Common Stock through a grant with a stated price of $0.00 per share. The award is structured as restricted stock units that convert into common shares upon vesting, subject to his continued service.

What are the vesting terms for Eric T. Olson’s 15,083 RSUs at Palladyne AI Corp. (PDYN)?

The 15,083 restricted stock units granted to Eric T. Olson vest on the earlier of the first anniversary of the grant date or the day prior to the next annual meeting of stockholders. Vesting requires that he continue as a Service Provider through the applicable vesting date.

How many Palladyne AI Corp. (PDYN) shares does Eric T. Olson hold after this Form 4 transaction?

After this transaction, Eric T. Olson holds 74,079 shares of Palladyne AI Corp. Common Stock directly. This total includes the 15,083 restricted stock units reported in the filing, each representing the right to receive one share of common stock upon vesting.

Was Eric T. Olson’s Palladyne AI (PDYN) equity award an open-market purchase?

No, the Form 4 shows Eric T. Olson’s acquisition as a grant or award, not an open-market purchase. The 15,083 shares are restricted stock units granted at a price of $0.00 per share, subject to standard vesting conditions tied to continued service.