Palladyne AI Grants 272,208 RSUs to New Employees Under 2024 Inducement Plan
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Palladyne AI Corp. has granted 272,208 restricted stock units (RSUs) to eight new employees under its 2024 Inducement Equity Incentive Plan. The RSUs will vest 25% after one year, with the remainder vesting quarterly over the next three years. Three awards include double-trigger vesting provisions. The grants follow acquisitions of GuideTech LLC, Warnke Precision Machining, LLC, MKR Fabrication, LLC, and MKR Fabrication Properties, LLC.
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