The $138K cluster is too small relative to market cap to warrant a bearish read. Monitor for any upcoming 8-K filings (earnings, material agreements, or late filing notices) that could explain the timing — the cross-filing amplifiers suggest this cluster is more informative when paired with other events. For now, no immediate action needed.
Price Chart
Executive Summary
Two C-suite insiders at Palladyne AI Corp. sold a combined $138K in open-market sales on May 21, 2026, representing ~0.05% of the $282M market cap. The CTO and CLO sold at the same price on the same day, suggesting a coordinated or blackout-window-driven event rather than opportunistic selling.
Key Financial Metrics
Key Facts
- CTO Denis Garagic sold 17,176 shares at $6.144 for $105,529
- CLO Stephen Sonne sold 5,245 shares at $6.144 for $32,225
- Total cluster value of $137,754 is ~0.05% of $282M market cap
- Both sales occurred on the same day at the same price, suggesting a shared trigger (e.g., blackout window opening or 10b5-1 plan)
- No insider purchases in the cluster to offset the selling signal
Financial Impact
Total insider sales of $138K, representing 0.05% of market cap — immaterial
Risk Factors
- Both C-suite insiders selling on the same day could signal a shared bearish view if a material adverse event is pending
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PDYN-1779414688248 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | SC 13G/A | $5.12 | awaiting T+20 | — | $3.87 (−24.41%) |
Sep 28, 2026 28d ago | 25-NSE | $5.28 $3.87 | ▼ −26.70% | ▼ −26.67% | $3.87 (−26.70%) |
Sep 8, 2026 6w ago | Insider Buy | $5.75 $5.21 | ▼ −9.39% | ▼ −11.34% | $3.87 (−32.70%) |
Aug 21, 2026 9w ago | Insider Cluster | $5.78 $5.68 | ▼ −1.73% | ▼ −3.04% | $3.87 (−33.04%) |
Jul 8, 2026 15w ago | 8-K | $5.67 $5.97 | ▲ +5.29% | ▲ +2.02% | $3.87 (−31.75%) |
May 21, 2026 22w ago | Insider Cluster | $6.40 $6.73 | ▲ +5.16% | ▲ +6.57% | $3.87 (−39.53%) |
Mar 12, 2026 32w ago | Insider Cluster | $7.06 $6.48 | ▼ −8.22% | ▼ −10.19% | $3.87 (−45.18%) |
Mar 5, 2026 33w ago | 8-K | $9.96 $6.48 | ▼ −34.94% | ▼ −31.15% | $3.87 (−61.14%) |
US Market Status
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