Palladyne AI Corp. (PDYN) director awarded 15,083 RSUs in grant

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Twitty Stephen

Role null

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

Holdings After Transaction: Common Stock — 24,848 shares (Direct, null)

Footnotes (1)

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. 687 of the reported shares are held in a joint brokerage account with the Reporting Person's spouse.

Key Figures

RSU grant size: 15,083 RSUs Shares after transaction: 24,848 shares Jointly held shares: 687 shares +1 more

4 metrics

RSU grant size 15,083 RSUs Restricted stock units granted to director Stephen Twitty

Shares after transaction 24,848 shares Total common stock holdings following the RSU grant

Jointly held shares 687 shares Shares held in a joint brokerage account with spouse

Grant price per share $0.00 per share Reported acquisition price for the RSU grant

Key Terms

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

4 terms

restricted stock units ("RSUs") financial

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

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"

joint brokerage account financial

"687 of the reported shares are held in a joint brokerage account with the Reporting Person's spouse"

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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^*

Twitty Stephen

(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	24,848(1)	D(2)

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.

2. 687 of the reported shares are held in a joint brokerage account with the Reporting Person's spouse.

	/s/ Stephen Sonne, attorney-in-fact on behalf of Stephen Twitty	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 did Palladyne AI (PDYN) director Stephen Twitty report in this Form 4?

Stephen Twitty reported receiving 15,083 restricted stock units (RSUs) in Palladyne AI Corp. This is a compensation-related equity grant, not an open-market stock purchase, and adds to his existing direct and jointly held share position in the company.

How many RSUs did Stephen Twitty receive from Palladyne AI (PDYN)?

Stephen Twitty received 15,083 restricted stock units (RSUs) from Palladyne AI Corp. Each RSU represents the right to receive one share of common stock, subject to vesting conditions tied to time and continued service with the company.

When do Stephen Twitty’s Palladyne AI (PDYN) RSUs vest?

The 15,083 RSUs vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholder meeting. Vesting is contingent on Twitty continuing to serve as a service provider through the applicable vesting date.

How many Palladyne AI (PDYN) shares does Stephen Twitty hold after this grant?

After the grant, Stephen Twitty is shown holding 24,848 Palladyne AI common shares. This total includes 15,083 RSUs and 687 shares held in a joint brokerage account with his spouse, reflecting both direct and jointly held interests.

Is Stephen Twitty’s Palladyne AI (PDYN) Form 4 transaction a market purchase or sale?

The Form 4 reflects a grant or award acquisition of shares, not a market trade. Twitty received 15,083 RSUs at a reported price of $0.00 per share as part of equity compensation, rather than buying or selling shares in the open market.

How are Stephen Twitty’s jointly held Palladyne AI (PDYN) shares reported?

The filing states that 687 of the reported shares are held in a joint brokerage account with his spouse. These jointly held shares are included in Twitty’s total reported holdings, providing a more complete picture of his overall equity position in Palladyne AI.