Olson Eric T 4
4 · Palladyne AI Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Palladyne AI (PDYN) Director Eric Olson Receives RSU Award
What Happened
Director Eric T. Olson was granted 15,083 restricted stock units (RSUs) on 2026-06-08. The award is reported at $0.00 per share (total reported value $0) because RSUs are a promise of future shares rather than an immediate cash purchase. Each RSU represents the right to receive one share of common stock upon vesting.
Key Details
- Transaction type: Award/Grant (code A).
- Date: 2026-06-08. Price: $0.00; Quantity: 15,083 RSUs.
- Footnote: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the day before the next annual meeting, provided Olson remains a service provider through the vesting date.
- Shares owned after transaction: not specified in the filing.
- Filing timing: Report filed with period of report 2026-06-08 (appears timely); no late-filing flag noted.
Context
RSUs are compensation awards that convert into actual shares only after vesting; they do not involve an immediate cash outlay or sale. Such grants are common for directors and reflect compensation rather than an open-market purchase or insider sale—useful information for tracking insider alignment but not a direct market transaction.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-08+15,083→ 74,079 total
Footnotes (1)
- [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.