Form 4: Palladyne AI Corp. CEO Benjamin Wolff Acquires Additional Shares

Palladyne AI Corp.'s CEO, Benjamin Wolff, recently purchased 2,500 shares of common stock at an average price of $5.658.

Summary

• On March 28, 2025, Benjamin G. Wolff, the President and CEO of Palladyne AI Corp., acquired 2,500 shares of the company's common stock.
• The shares were purchased at a weighted-average price of $5.658, with individual prices ranging from $5.61 to $5.69.
• Following the transaction, Wolff directly owns 1,316,626 shares.
• Wolff also indirectly owns 107,526 shares through the MLC Solo 401k Trust, for which he and his spouse are trustees and he is the sole beneficiary.
• Additionally, he indirectly owns 383,119 shares through Mare's Leg Capital, LLC, an entity wholly owned by him and his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a positive signal, but the filing itself is a routine regulatory requirement.

Positives

• The CEO's purchase of additional shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• Shareholders may view the CEO's stock purchase as a positive signal about the company's prospects.

Key Dates

Keywords

Palladyne AI Corp, Benjamin Wolff, CEO, stock purchase, Form 4, beneficial ownership, PDYN