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Palladyne AI (PDYN) CFO discloses tax-related share sale
Palladyne AI Corp.'s Chief Financial Officer, Trevor Thatcher, sold 3,030 shares of common stock at a weighted-average price of $5.5463 per share. This sale was explicitly made to cover income tax liabilities from vesting restricted stock unit awards, not as a discretionary trade. Following the transaction, Thatcher directly owns 180,258 shares, including shares represented by RSUs.