Palladyne AI director granted 15,083 RSUs
Palladyne AI Corp. director Stephen Twitty reported an equity compensation grant in the form of 15,083 restricted stock units (RSUs), each representing one share of common stock.
Rhea-AI Filing Summary
Palladyne AI Corp. director Stephen Twitty reported an equity compensation grant in the form of 15,083 restricted stock units (RSUs), each representing one share of common stock. These RSUs vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholder meeting, as long as he remains a service provider.
After this grant, Twitty is shown as holding 24,848 shares of common stock, including 15,083 RSUs and 687 shares in a joint brokerage account with his spouse. This filing reflects a compensation-related share acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,083 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 687 of the reported shares are held in a joint brokerage account with the Reporting Person's spouse.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Service Provider financial
annual meeting of the Issuer's stockholders financial
joint brokerage account financial
FAQ
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What did Palladyne AI (PDYN) director Stephen Twitty report in this Form 4?
How many RSUs did Stephen Twitty receive from Palladyne AI (PDYN)?
When do Stephen Twitty’s Palladyne AI (PDYN) RSUs vest?
Is Stephen Twitty’s Palladyne AI (PDYN) Form 4 transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.