Palladyne AI (STRC) executive Montgomery sold 43 shares for $8,968 at $208.55 under a 10b5-1 plan
Insider transactions reported
Jeanine Montgomery (VP & Cao at Palladyne AI Corp., STRC) reported that they sold 43 shares for $8,968 at $208.55, and acquired 100 shares between Nov 17, 2025 and Nov 18, 2025. After these transactions the filing shows 8,733 shares held directly.
- Reporting person
- Montgomery Jeanine
- Role
- VP & CAO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 17, 2025 | Exercise or conversion of a derivative (M) | Class A Common Stock1, 2 | +100 | - | - | 8,776 direct |
| Nov 18, 2025 | Open-market sale (S) | Class A Common Stock3, 4 | -43 | $208.55 | $8,968 | 8,733 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 17, 2025 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 100 Class A Common Stock1, 5 | -100 | - | - | 0 direct |
Holdings before and after
- Class A Common Stock: 8,676 to 8,733 direct
- Restricted Stock Units: 100 to 0 direct
Other positions listed
- Series A Perpetual Stretch Preferred Stock: 5,000 direct
Footnotes from the filing
- 1. Each restricted stock unit represents a contingent right to receive one share of class A common stock of Strategy Inc ( Strategy ).
- 2. Includes 70 shares acquired under the Strategy Employee Stock Purchase Plan on August 29, 2025.
- 3. The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on May 3, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.
- 4. The disposition of the shares reported on this form was made solely to permit the stockholder to pay Strategy the tax withholding obligation due upon vesting of the restricted stock units on November 15, 2025 and settlement of such restricted stock units on November 17, 2025.
- 5. The 100 restricted stock units vested in full on November 15, 2025.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Montgomery report in this STRC Form 4?
Jeanine Montgomery (VP & Cao at Palladyne AI Corp., STRC) reported that they sold 43 shares for $8,968 at $208.55, and acquired 100 shares between Nov 17, 2025 and Nov 18, 2025. After these transactions the filing shows 8,733 shares held directly.
How many STRC shares does Montgomery hold after this filing?
The filing shows 8,733 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this STRC insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for STRC
Earlier insider filings at STRC
- Nov 18, 2025EVP & General Counsel Shao Wei-Ming exercised 5,200 shares at a strike of $69.12 and sold $1,041,248 worth of shares (5,200 units at $200.24) (SEC Form 4)
- Nov 14, 2025EVP & General Counsel Shao Wei-Ming exercised 27,934 shares at a strike of $48.60 and sold $1,788,930 worth of shares (7,934 units at $225.48), increasing direct ownership by 157% to 32,726 units (SEC Form 4)
- Nov 12, 2025EVP & General Counsel Shao Wei-Ming exercised 10,668 shares at a strike of $69.12 and sold $2,583,274 worth of shares (10,668 units at $242.15) (SEC Form 4)
- Oct 20, 2025Director Patten Jarrod M bought $2,316,304 worth of Series A Perpetual Stretch Preferred Stock (23,780 units at $97.41), increasing direct ownership by 428% to 29,335 units (SEC Form 4)
- Oct 9, 2025EVP & General Counsel Shao Wei-Ming exercised 30,000 shares at a strike of $40.46 and sold $10,721,028 worth of shares (30,000 units at $357.37) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Wholesale Distributors
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