Palladyne AI (PDYNW) Insider Files Form 144 for RSU Sale

Rhea-AI Filing Summary

Palladyne AI Corp (PDYNW) Form 144 notice shows an intended sale of 14,809 shares of Common Stock to be executed through Muriel Siebert & Co., LLC on 08/21/2025 with an aggregate market value of $109,842.80. The shares were acquired the same day as Restricted Share Units vesting from Palladyne AI Corp and were received as equity compensation. The filing reports 41,948,874 shares outstanding, and discloses a prior sale by Denis Garagic of 15,653 shares on 05/20/2025 for gross proceeds of $113,368.42. The filer certifies no undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider sale of recently vested RSUs; not clearly material given disclosed sizes relative to outstanding shares.

The filing documents a proposed sale of 14,809 common shares acquired via RSU vesting on the same date, to be executed through a registered broker. The aggregate value reported is $109,842.80 and the company has 41,948,874 shares outstanding, which places the sale at a very small fraction of total equity. A prior sale by the same individual on 05/20/2025 of 15,653 shares for $113,368.42 is disclosed, indicating recent disposition activity. From a trading-impact perspective, the amounts disclosed are modest versus the total shares outstanding; this appears to be routine monetization of compensation rather than a material corporate event.

Corporate Governance Expert

TL;DR: Disclosure follows Rule 144 mechanics for RSU-originated shares; signature attests no undisclosed material adverse facts.

The notice identifies the nature of acquisition as RSU vesting and classifies payment as equity compensation, aligning with standard insider reporting practices. The filer signs the representation regarding absence of undisclosed material adverse information and references Rule 10b5-1 plan language in the remarks. Documentation appears procedural and compliant with required disclosures for resale of restricted securities under Rule 144.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Muriel Siebert & Co., LLC 653 Collins Ave Miami Beach FL 33139	14809	109842.80	41948874	08/21/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/21/2025	Restricted Share Units Vesting - See Remarks	Palladyne AI Corp.			14809	08/21/2025	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DENIS GARAGIC C/O PALLADYNE AI CORP. 650 SOUTH 500 WEST, SUITE 150 SALT LAKE CITY UT 84101	Common Stock	05/20/2025	15653	113368.42

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the PDYNW Form 144 propose to sell?

The notice proposes sale of 14,809 shares of Common Stock.

When is the proposed sale date listed in the filing?

The proposed sale date is 08/21/2025.

How were the shares acquired that are to be sold?

The shares were acquired on 08/21/2025 via Restricted Share Units vesting from Palladyne AI Corp as equity compensation.

Who is the broker handling the sale?

The broker named is Muriel Siebert & Co., LLC with an address in Miami Beach, FL.

What is the aggregate market value and shares outstanding reported?

Aggregate market value is $109,842.80 and shares outstanding are 41,948,874.

Has the filer sold shares recently?

Yes. The filing discloses a sale by Denis Garagic of 15,653 shares on 05/20/2025 for gross proceeds of $113,368.42.