Please wait



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)


X0202 SCHEDULE 13D/A 0001594543-24-000003 0001594543 XXXXXXXX LIVE 4 Common Stock, $0.0001 par value per share 05/13/2026 false 0001826681 80359A106 Palladyne AI Corp. 650 SOUTH 500 WEST 650 SOUTH 500 WEST SALT LAKE CITY UT 84101 WILLIAM KERBER 405-373-6600 3917 NE 104TH OKLAHOMA CITY OK 73131 0001594543 N KERBER WILLIAM XAVIER III PF N OK 1916314.00 450000.00 1916314.00 450000.00 2366314.00 N 5.0 IN Common Stock, $0.0001 par value per share Palladyne AI Corp. 650 SOUTH 500 WEST 650 SOUTH 500 WEST SALT LAKE CITY UT 84101 William Xavier Kerber III 3917 NE 104th ST Oklahoma City, OK. 73131 CEO Human Mode LLC 3917 NE 104th ST Oklahoma City, OK. 73131 During the past 5 years, Mr. Kerber has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). During the past 5 years, Mr. Kerber has not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding such person was or is subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. United States Personal Funds Mr. Kerber purchased the Issuer's Common stock as an individual for the purposes of investment. Since the filing of the last amendment dated June 13, 2025 Mr. Kerber has made the following changes to his holdings of the Issuer's Common Stock: * Purchases of an additional 10,000 shares owned directly by Mr. Kerber * A gift of 250,000 shares to the Chi K. Kerber 2026 Irrevocable Trust. Mr. Kerber holds a role as an investment advisor to this trust and maintains shared voting and dispositive power of the Issuer's Common Stock held within it. As of the date of this Amendment No. 4 Mr. Kerber beneficially owns an aggregate of 2,366,314 shares or 5.0% of the Issuer's Common Stock. The beneficial ownership percentages used in this Schedule are calculated based on the 47,244,225 shares of Common Stock disclosed in the Issuer's 10-Q filing dated May 5, 2026. This beneficial ownership consists of: * 1,916,314 shares of Common Stock held directly by Mr. Kerber * 450,000 shares of Common Stock held indirectly through the Vincent Kerber Irrevocable Trust, Katheryn Kerber Irrevocable Trust and Chi Kerber Irrevocable trust, where he serves as an advisor (as disclosed in this amendment and in a prior amendment dated January 02, 2025). As of the date of this Amendment No. 4 Mr. Kerber has voting and dispositive power of 2,366,314 shares or 5.0% of the Issuer's Common Stock. The beneficial ownership percentages used in this Schedule are calculated based on the 47,244,225 shares of Common Stock disclosed in the Issuer's 10-Q filing dated May 5, 2026. * Sole voting and dispositive power of 1,916,314 shares of Common Stock held directly by Mr. Kerber. * Shared voting and dispositive power of 450,000 shares of Common Stock through his advisory role to the Katheryn Kerber, Vincent Kerber and Chi Kerber Irrevocable trusts. Date Transaction Shares Price Recipient 5/5/2026 Gift 200,000 $6.14 Chi Kerber Irrevocable Trust 5/8/2026 Gift 50,000 $6.11 Chi Kerber Irrevocable Trust 5/13/2026 Purchase 10,000 $6.76 The trustees of the three trusts listed in section 5(a) have the power to direct the receipt of dividends from or the proceeds from the sale of the Issuer's Common Stock held within those trusts. These three trusts hold less than 5% of the issuer's Common Stock. As of the date of this Amendment, Mr. Kerber is not involved in any contracts, arrangements, understandings or relationships related to any securities of the Issuer. KERBER WILLIAM XAVIER III WILLIAM XAVIER KERBER III WILLIAM XAVIER KERBER III 05/14/2026