Palladyne AI (PDYN) Director Stephen Twitty Receives 15,083 RSUs

What Happened Stephen Twitty, a director of Palladyne AI Corp. (PDYN), was granted 15,083 restricted stock units (RSUs) on 2026-06-08. The RSUs were awarded at $0.00 per share (no cash paid) and therefore have no immediate purchase price or cash outlay. This filing reports an award/grant (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-06-08; Report filed same day (no late filing indicated).
• Award: 15,083 RSUs, grant price $0.00; reported value at grant = $0.
• Vesting: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the day prior to the next annual meeting, subject to continued service (see footnote F1).
• Shares owned after transaction: Filing shows 15,083 RSUs (unvested) and notes 687 reported shares are held in a joint brokerage account with the reporting person’s spouse; the filing does not state a consolidated total of beneficially owned common shares post-grant.
• Footnotes: F1 explains vesting schedule and service condition; F2 notes 687 shares are held jointly with spouse.

Context RSUs are a form of equity compensation that convert into actual shares upon vesting; until then they are restricted and typically cannot be sold. This grant is standard compensation for a director and does not represent an open-market purchase (which some investors interpret as a stronger near-term sentiment signal).