secwatch.observer — SEC 8-K summary
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Issuer:     Palladyne AI Corp. (PDYN)
CIK:        0001826681
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001564590-22-033854
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sarcos appoints Andrew Hamer as CFO; Steven Hansen departs
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- Andrew Hamer appointed CFO effective October 10, 2022, replacing Steven Hansen.
- Hamer previously CFO of Velodyne Lidar (2019-2022); base salary $400k, target bonus 45%.
- He receives option and RSU awards each valued at $750,000, vesting over 3 years.
- Hansen's departure is not due to any disagreement with company operations or policies.
- Hamer also serves on board of LightJump Acquisition Corporation (NASDAQ: LJAQ).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826681/000156459022033854/0001564590-22-033854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826681/000156459022033854/strc-8k_20221010.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-033854

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