Palmer Duncan 4

What Happened

• Palmer Duncan, a director of AleAnna, Inc. (ANNA), was granted 38,549 restricted stock units (RSUs) on April 13, 2026. The RSUs were granted at $0.00 per unit (derivative award), so there was no cash paid by the reporting person. The grant gives a contingent right to receive one share of common stock (or a cash equivalent) at settlement.

Key Details

• Transaction date: 2026-04-13 (reported on Form 4 filed 2026-04-15).
• Transaction type/code: Grant/Award (A); 38,549 RSUs @ $0.00; total cash paid = $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest on the earlier of (i) one year after grant or (ii) the next annual meeting of stockholders (provided that meeting is at least 52 weeks after the prior meeting) and only if the reporting person remains employed or providing services on the vesting date.
• Filing timeliness: Form 4 was filed two days after the grant date; the filing shows the grant and does not indicate a late filing code.

Context

• RSUs are a common form of equity compensation and do not require an immediate cash outlay by the recipient; they convert to shares (or cash) upon vesting and are subject to forfeiture if service conditions aren’t met. This grant is an award, not a market purchase or sale, so it signals compensation-related allocation of equity rather than an open-market investment decision.