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PDYN - Palladyne Ai Corp.

Insider Sale by Garagic Denis (CTO)

1 Month
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Trade Summary

6 days ago, Garagic Denis, serving as CTO at Palladyne Ai Corp. (PDYN), sold 15,149 shares at $5.55 per share, for a total transaction value of $84,021.00. Following this transaction, Garagic Denis now holds 577,135 shares of PDYN.

This sale represents a 3.00% decrease in Garagic Denis's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Monday, March 30, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 31, 2026, 1 day after the trade was made.

Palladyne Ai Corp. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Garagic Denis

CTO

Dr. Denis Garagić is the Chief Technology Officer (CTO) of Palladyne AI Corp. (PDYN), a position he has held since January 2022, and he is a co-founder of the company's AI/ML software business.[[1]](https://fintool.com/app/research/companies/PDYN/people/dr-denis-garagi)[[3]](https://www.zoominfo.com/p/Dennis-Garagic/3455734515)[[4]](https://app.boardroomalpha.com/profiles/people/A1376506-DENIS_GARAGIC) He earned a Ph.D. in Mechanical Engineering from Ohio State University and B.S./M.S. degrees in Mechanical Engineering and Technical Cybernetics from Czech Technical University in Prague.[[1]](https://fintool.com/app/research/companies/PDYN/people/dr-denis-garagi) Previously, Dr. Garagić served as Chief Scientist for Advanced Systems & AI at Palladyne AI (formerly Sarcos) until his promotion to CTO, and earlier at Sarcos from June 2020 through the business combination.[[1]](https://fintool.com/app/research/companies/PDYN/people/dr-denis-garagi) From April 2007 to May 2020, he was Chief Scientist at BAE Systems' FAST Labs, leading cognitive/anticipatory intelligence solutions for DoD/IC programs including DARPA/AFRL.[[1]](https://fintool.com/app/research/companies/PDYN/people/dr-denis-garagi) As a corporate insider, he recently sold 12,945 shares on March 12, 2026, for $97,734, following an acquisition of 35,000 restricted stock units on March 10, 2026.[[2]](https://www.investing.com/news/insider-trading-news/garagic-denis-cto-of-palladyne-ai-sells-97k-in-shares-93CH-4558838) Palladyne AI considers his retention critical to its AI/ML roadmap, with no key-person insurance in place.[[1]](https://fintool.com/app/research/companies/PDYN/people/dr-denis-garagi)

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Trade Price

$5.55

Quantity

15,149

Total Value

$84,021.00

Shares Owned

577,135

Trade Date

Monday, March 30, 2026

6 days ago

SEC Filing Date

Tuesday, March 31, 2026

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Palladyne Ai Corp.

Company Overview

No company information available
View news mentioning PDYN

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