Palladyne AI Corp. — Form 10-Q
Filed August 6, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 22/100
What the filing says
Palladyne AI Corp. amended and restated its 2021 Equity Incentive Plan, effective June 8, 2026. The plan authorizes 9.5M shares plus up to 2.1M additional shares from assumed awards that lapse. A sample RSU agreement grants restricted stock units vesting across 10 tranches tied to stock price thresholds ($20–$65) and 20-day VWAP growth factors, with service conditions. No specific recipient names, dollar amounts, or share grant counts are disclosed in this template document.
Why this rating
Plan amendment is routine administrative disclosure; no new grants, counterparties, or material changes disclosed. Relative to $315.5M market cap, authorization levels are standard equity governance.
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