secwatch.observer — SEC 8-K summary
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Issuer:     Palladyne AI Corp. (PDYN)
CIK:        0001826681
Form:       8-K
Filed at:   2024-01-09T23:59:59+00:00
Accession:  0000950170-24-003366
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Sarcos adopts retention plan with cash bonuses, RSUs for CFO, CTO, CRO, CLO
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- CFO Andrew Hamer gets cash bonus of 50% base salary and 100k RSUs; target bonus raised to 50%.
- CTO Denis Garagic gets cash bonus of 75% base salary and 500k RSUs; target bonus raised to 75%.
- CRO Matt Vogt gets cash bonus of 50% base salary and 100k RSUs.
- CLO Stephen Sonne gets cash bonus of 50% base salary and 100k RSUs; target bonus raised to 50%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826681/000095017024003366/0000950170-24-003366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826681/000095017024003366/strc-20240103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-003366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer