secwatch.observer — SEC 8-K summary
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Issuer:     Palladyne AI Corp. (PDYN)
CIK:        0001826681
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-027294
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trevor Thatcher appointed CFO of Sarcos Technology and Robotics, replacing Andrew Hamer
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- Effective March 5, 2024, Trevor Thatcher becomes CFO; Andrew Hamer ceased as CFO same day and will terminate employment March 8.
- Thatcher previously served as VP, Corporate Controller since Dec 2021; base salary of $300,000, target bonus 35% of base.
- Thatcher recommended for 100,000 RSU grant under the 2021 Equity Plan, with standard cliff and quarterly vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826681/000095017024027294/0000950170-24-027294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826681/000095017024027294/strc-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027294

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