4//SEC Filing
GARAGIC DENIS 4
Accession 0001415889-25-005773
CIK 0001826681other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 7:35 PM ET
Size
6.1 KB
Accession
0001415889-25-005773
Insider Transaction Report
Form 4
GARAGIC DENIS
CHIEF TECHNOLOGY OFFICER
Transactions
- Sale
Common Stock
2025-02-24$7.03/sh−55,827$392,441→ 495,978 total
Footnotes (3)
- [F1]Represents shares of common stock sold to cover income tax liabilities in connection with the vesting of restricted stock unit awards pursuant to sell-to-cover arrangements implemented by the Issuer, which the Reporting Person may elect to pay in cash, and does not represent discretionary transactions by the Reporting Person.
- [F2]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $6.43 to $7.36, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F3]Includes shares represented by RSUs, of which 125,000 settled on February 23, 2025 and were then reduced by the 55,827 shares sold for taxes as reported on this Form 4.
Documents
Issuer
Palladyne AI Corp.
CIK 0001826681
Entity typeother
Related Parties
1- filerCIK 0001920634
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 7:35 PM ET
- Size
- 6.1 KB