Young Michael T. 4
4 · Palladyne AI Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Palladyne AI (PDYN) Director Michael T. Young Receives RSU Award
What Happened
Michael T. Young, a director of Palladyne AI Corp. (PDYN), received a grant of 15,083 restricted stock units (RSUs) on 2026-06-08. The filing reports an acquisition at $0.00 per RSU (aggregate reported value $0). Each RSU represents the right to receive one share of common stock upon vesting; the actual market value will depend on PDYN’s stock price when the units vest.
Key Details
- Transaction date: 2026-06-08; transaction type: Award/Grant (code A).
- Units granted: 15,083 RSUs; reported acquisition price: $0.00; aggregate reported value: $0.
- Shares owned after transaction: not specified in the filing.
- Vesting/footnote: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the day before the next annual meeting, subject to the reporting person remaining a service provider (see footnote F1).
- Filing: Reported on 2026-06-08 (appears timely based on report date).
Context
RSU grants are a form of compensation; they do not require an upfront cash purchase and convert to shares only if vesting conditions are met. Such awards signal company compensation practices or retention incentives rather than an immediate buy/sell view by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-08+15,083→ 38,202 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.