---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-005812"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:25:42.822597+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sarcos appoints Benjamin G. Wolff as President and CEO; Laura Peterson becomes Executive Vice Chairman

## Summary
- Benjamin G. Wolff appointed President and CEO effective Feb 23, 2024; previously Executive Vice Chairman.
- Laura Peterson resigns as CEO, appointed Executive Vice Chairman effective Feb 23, 2024; remains on Board.
- Directors Peter Klein and Priya Balasubramaniam resigned Jan 19, 2024; not due to any disagreement.
- Wolff receives $240K base salary, 625,000 restricted stock award vesting on first anniversary or change of control.
- Peterson receives $225K base salary, $100K in RSUs vesting Feb 23, 2025.

## SEC filing metadata
- accession: 0000950170-24-005812
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017024005812/0000950170-24-005812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017024005812/strc-20240115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-005812
- JSON: https://secwatch.observer/filing/0000950170-24-005812.json
- Plain text: https://secwatch.observer/filing/0000950170-24-005812.txt

## Key facts
- Executive change
  Benjamin G. Wolff was appointed as President and Chief Executive Officer at Palladyne AI Corp..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: appointed Benjamin G. Wolff as President and Chief Executive Officer of the Company, effective February 23, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017024005812/0000950170-24-005812-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.