Palladyne AI Announces Employee Equity Awards
Palladyne AI (NASDAQ: PDYN) has announced new employee equity awards approved by its Compensation Committee. The company issued a total of 601,587 shares under its 2021 Equity Incentive Plan and 2024 Inducement Equity Incentive Plan.
The grants, dated March 10, 2025, include special inducement awards to two recent hires: one receiving options to purchase 25,000 shares and another receiving restricted stock units (RSUs) covering 14,087 shares. These inducement awards were granted under Nasdaq Listing Rule 5635(c)(4).
The vesting schedule for inducement awards includes 25% vesting after one year, with the remaining shares vesting quarterly over three years. The company implements these equity awards to align employee interests with stockholders, provide retention incentives, and reduce cash compensation expenses.
Palladyne AI (NASDAQ: PDYN) ha annunciato nuovi premi in azioni per i dipendenti approvati dal suo Comitato per la Compensazione. L'azienda ha emesso un totale di 601.587 azioni sotto il suo Piano di Incentivazione Azionaria del 2021 e il Piano di Incentivazione Azionaria per Induzione del 2024.
I premi, datati 10 marzo 2025, includono premi speciali di induzione per due recenti assunzioni: uno riceve opzioni per acquistare 25.000 azioni e l'altro riceve unità di azioni vincolate (RSU) che coprono 14.087 azioni. Questi premi di induzione sono stati concessi ai sensi della Regola di Quotazione Nasdaq 5635(c)(4).
Il programma di maturazione per i premi di induzione prevede il 25% di maturazione dopo un anno, con le azioni rimanenti che maturano trimestralmente nel corso di tre anni. L'azienda implementa questi premi azionari per allineare gli interessi dei dipendenti con quelli degli azionisti, fornire incentivi alla retention e ridurre le spese per la compensazione in contante.
Palladyne AI (NASDAQ: PDYN) ha anunciado nuevos premios en acciones para empleados aprobados por su Comité de Compensación. La empresa emitió un total de 601,587 acciones bajo su Plan de Incentivos de Capital del 2021 y el Plan de Incentivos de Capital por Inducción del 2024.
Los premios, con fecha del 10 de marzo de 2025, incluyen premios especiales de inducción para dos contrataciones recientes: uno recibe opciones para comprar 25,000 acciones y otro recibe unidades de acciones restringidas (RSUs) que cubren 14,087 acciones. Estos premios de inducción se otorgaron bajo la Regla de Cotización de Nasdaq 5635(c)(4).
El cronograma de adquisición para los premios de inducción incluye un 25% de adquisición después de un año, con las acciones restantes que se adquieren trimestralmente durante tres años. La empresa implementa estos premios en acciones para alinear los intereses de los empleados con los de los accionistas, proporcionar incentivos de retención y reducir los gastos de compensación en efectivo.
팔라딘 AI (NASDAQ: PDYN)는 보상 위원회에서 승인한 새로운 직원 주식 보상을 발표했습니다. 이 회사는 2021년 주식 인센티브 계획 및 2024년 유도 주식 인센티브 계획에 따라 총 601,587주를 발행했습니다.
2025년 3월 10일자로 발급된 이 보상에는 두 명의 최근 채용자에게 제공되는 특별 유도 보상이 포함되어 있습니다: 한 명은 25,000주를 구매할 수 있는 옵션을 받고, 다른 한 명은 14,087주를 포함하는 제한 주식 단위(RSU)를 받습니다. 이러한 유도 보상은 나스닥 상장 규칙 5635(c)(4)에 따라 부여되었습니다.
유도 보상의 베스팅 일정은 1년 후 25%가 베스팅되며, 나머지 주식은 3년에 걸쳐 분기마다 베스팅됩니다. 이 회사는 직원의 이익을 주주와 일치시키고, 유지 보상 인센티브를 제공하며, 현금 보상 비용을 줄이기 위해 이러한 주식 보상을 시행합니다.
Palladyne AI (NASDAQ: PDYN) a annoncé de nouvelles attributions d'actions aux employés approuvées par son Comité de Rémunération. L'entreprise a émis un total de 601 587 actions dans le cadre de son Plan d'Incentives en Actions 2021 et du Plan d'Incentives en Actions par Induction 2024.
Les attributions, datées du 10 mars 2025, comprennent des attributions spéciales d'induction pour deux nouvelles recrues : l'une reçoit des options pour acheter 25 000 actions et l'autre reçoit des unités d'actions restreintes (RSU) couvrant 14 087 actions. Ces attributions d'induction ont été accordées conformément à la règle de cotation Nasdaq 5635(c)(4).
Le calendrier d'acquisition pour les attributions d'induction comprend 25 % d'acquisition après un an, les actions restantes s'acquérant trimestriellement sur trois ans. L'entreprise met en œuvre ces attributions d'actions pour aligner les intérêts des employés avec ceux des actionnaires, fournir des incitations à la rétention et réduire les dépenses de rémunération en espèces.
Palladyne AI (NASDAQ: PDYN) hat neue Mitarbeiteraktienvergaben angekündigt, die von seinem Vergütungsausschuss genehmigt wurden. Das Unternehmen hat insgesamt 601.587 Aktien im Rahmen seines Aktienanreizplans 2021 und des Induktionsaktienanreizplans 2024 ausgegeben.
Die Zuwendungen, datiert auf den 10. März 2025, umfassen spezielle Induktionsvergaben für zwei neu eingestellte Mitarbeiter: einer erhält Optionen zum Kauf von 25.000 Aktien und der andere erhält eingeschränkte Aktieneinheiten (RSUs) für 14.087 Aktien. Diese Induktionsvergaben wurden gemäß der Nasdaq-Listing-Regel 5635(c)(4) gewährt.
Der Vesting-Zeitplan für Induktionsvergaben umfasst 25% Vesting nach einem Jahr, wobei die verbleibenden Aktien vierteljährlich über drei Jahre vesten. Das Unternehmen implementiert diese Aktienvergaben, um die Interessen der Mitarbeiter mit denen der Aktionäre in Einklang zu bringen, Anreize zur Bindung zu bieten und die Barvergütungskosten zu senken.
- Implementation of equity incentive plans helps reduce cash compensation expenses
- Strategic alignment of employee and shareholder interests through equity awards
- Structured retention program with long-term vesting schedule
- Potential dilution of existing shareholders due to issuance of 601,587 new shares
Included in the above grants were inducement awards under the 2024 Inducement Plan to two recent hires, consisting of an inducement award of options to purchase 25,000 shares of Palladyne AI’s common stock to one recent hire and as an inducement award of restricted stock units (RSUs) covering 14,087 shares of its common stock to the other recent hire. Each of these inducement awards was granted as an inducement material to the employee's commencement of employment with a subsidiary of Palladyne AI pursuant to Nasdaq Listing Rule 5635(c)(4). Each of the inducement awards will vest as to
For more information about Palladyne AI, please visit https://www.palladyneai.com.
About Palladyne AI Corp.
Palladyne AI Corp. (NASDAQ: PDYN) has developed advanced artificial intelligence (AI) and machine learning (ML) foundational technology and related software products poised to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software foundational technology empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response.
Palladyne AI software products operate on the edge and dramatically reduce the significant effort required to program and deploy robots enabling industrial robots and collaborative robots (cobots) to quickly achieve autonomous capabilities even in dynamic and or complex environments. Designed to achieve precise results with minimal training time, limited data sets, and lower power requirements, compared to current state-of-the-art solutions, Palladyne AI believes its software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing. Its applicability extends beyond traditional robotics to include Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Remotely Operated Vehicles (ROVs). Palladyne AI’s approach is expected to elevate the return on investment associated with a diverse range of machines that are fixed, fly, float, or roll.
By enabling autonomy, reducing programming complexity, and enhancing efficiency, Palladyne AI is paving the way for a future where machines can excel in tasks that were once considered beyond their reach.
For more information, please visit www.palladyneai.com and connect with us on LinkedIn at www.linkedin.com/company/palladyneaicorp.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the capabilities or future capabilities of the Company’s AI/ML foundational technology and related software products, the benefits of the software and the industries that could benefit from it, and the applicability of the software to different kinds of machines (such as UAVs, UGVs and ROVs). Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or “continue” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Palladyne AI’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events. However, there can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Palladyne AI is not under any obligation and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Readers should carefully review the statements set forth in the reports which Palladyne AI has filed or will file from time to time with the Securities and Exchange Commission (the “SEC”), in particular the risks and uncertainties set forth in the sections of those reports entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements,” for a description of risks facing Palladyne AI and that could cause actual events, results or performance to differ from those indicated in the forward-looking statements contained herein. The documents filed by Palladyne AI with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov.
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