Palladyne AI approves 107,932 RSUs for seven new hires under 2024 inducement plan

Reuters03-14 04:01

Palladyne AI approves 107,932 RSUs for seven new hires under 2024 inducement plan

Palladyne AI said its board compensation committee approved 107,932 restricted stock units for seven new employees, effective March 10, 2026. The awards were granted under Palladyne AI’s 2024 Inducement Equity Incentive Plan. Six awards vest 25% after one year, with the remainder vesting in 12 installments over the following three years. One award vests 25% on November 20, 2026, with the remainder vesting in 12 installments over the following three years.

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: 202603131601BIZWIRE_USPR_____20260313_BW732506) on March 13, 2026, and is solely responsible for the information contained therein.

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