SEC Form 4 · accession 0001368618-26-000007
Palladyne AI Corp. · PDYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin G Wolff
Officer — PRESIDENT & CEO · Director
Period of report
Jun 8, 2026
Accepted (ET)
Jun 8, 2026 · 5:07 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001826681
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 8, 2026 | A | 4,470,942 | $0.00 | A | 7,308,343 | D | |
| Common StockF2 | holding | — | — | — | 107,526 | I | See footnote | |
| Common Stock | holding | — | — | — | 904 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 383,119 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 4,470,942 restricted stock units ("RSUs"), which can only be settled with shares of common stock. The RSUs are divided into 10 equally sized tranches, each tied to a stock price goal and service-based vesting conditions.
- F2Represents shares held by MLC Solo 401k Trust FOB Benjamin Wolff ("401k Trust"). Mr. Wolff and his spouse Julie Wolff are the trustees of the 401k Trust and share voting and dispositive power over equity held by the trust. Mr. Wolff is the sole beneficiary of the 401k Trust.
- F3Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.