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.