Palladyne AI Corp. has approved the grant of a total of 272,208 restricted stock units (RSUs) to eight new employees, including six who joined following the acquisitions of GuideTech LLC, Warnke Precision Machining, LLC, MKR Fabrication, LLC, and MKR Fabrication Properties, LLC. The RSUs will vest as to 25% on the one-year anniversary of the grant date, with the remainder vesting in equal installments on May 20, August 20, November 20, and March 10 over the following three years, contingent on continued service. Three of the awards include double-trigger vesting provisions in connection with a change in control. The grants were made under Palladyne AI's 2024 Inducement Equity Incentive Plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palladyne Ai Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251126389002) on November 26, 2025, and is solely responsible for the information contained therein.