secwatch.observer — SEC 8-K summary
======================================

Issuer:     Palladyne AI Corp. (PDYN)
CIK:        0001826681
Form:       8-K
Filed at:   2026-06-08T20:48:26+00:00
Accession:  0001193125-26-261941
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palladyne AI shareholders approve 4.5M share increase to equity plan and 5.36M RSUs to executives
--------------------------------------------------------------------------------

- Stockholders approved amendment to 2021 Equity Incentive Plan, increasing shares by 4,500,000; total authorized now 9,500,000 plus carryover.
- Approved restricted stock unit awards to senior executives covering an aggregate of 5,360,659 shares.
- Elected Dennis Weibling as Class II director with 19.38M for, 3.86M withheld, 9.58M broker non-votes.
- Ratified KPMG LLP as independent auditor for FY2026 with 29.07M for, 3.68M against.
- 69% of shares were represented at meeting (32.8M of 47.5M eligible), establishing quorum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826681/000119312526261941/0001193125-26-261941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826681/000119312526261941/pdyn-20260608.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-261941

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