Director Duncan Palmer filed a Form 4 with the SEC on October 30, 2026, reporting two restricted stock unit conversions into common stock of AleAnna, Inc. (NASDAQ:ANNA) that occurred on October 29, 2026.

Key Highlights

  • Reporting person: Duncan Palmer, serving as a Director of AleAnna, Inc.
  • First conversion: 33,898 restricted stock units converted to 33,898 shares of common stock on October 29, 2026, at a derivative price of $0.
  • Second conversion: 20,178 restricted stock units converted to 20,178 shares of common stock on October 29, 2026, at a derivative price of $0.
  • Resulting ownership: Palmer directly holds 54,076 shares of common stock following both transactions.
  • Remaining RSUs: 99,082 RSUs remain from the first grant and 78,904 RSUs remain from the second grant, both held directly.
  • RSU source: Both grants were made under the AleAnna, Inc. 2025 Long-Term Incentive Plan ("2025 Plan").

Palmer Duncan's RSU Vesting Details at AleAnna, Inc.

According to the filing, Palmer Duncan, a Director of AleAnna, Inc. (NASDAQ:ANNA), reported two transactions on October 29, 2026, each coded "M," reflecting the conversion of restricted stock units into common stock on a one-for-one basis. The first transaction involved 33,898 restricted stock units, and the second involved 20,178 restricted stock units, bringing his directly held common stock to 54,076 shares in total.

The filing explains that the first set of RSUs was granted under the 2025 Plan and was scheduled to vest "on the earlier of (i) October 29, 2026, or (ii) the next annual meeting of the stockholders," subject to a requirement that the annual meeting occur at least 52 weeks after the prior annual meeting and that Palmer continue providing services to the issuer through the vesting date. The second set of RSUs, also granted under the 2025 Plan, vests "in three equal installments, with one-third of the restricted stock units vesting on October 29, 2026, 2027 and 2028, respectively," again conditioned on continued service. According to the filing, both RSU grants represent "a contingent right to receive one share of common stock of the Issuer or its cash equivalent, as determined at the time of settlement by the Compensation Committee."

Following the reported transactions, the filing discloses that Palmer holds 99,082 RSUs remaining from the first grant and 78,904 RSUs remaining from the second grant, both directly owned. The form was signed by Ivan Ronald as attorney-in-fact and filed on October 30, 2026.

What Was Disclosed

This Form 4 discloses the conversion of a combined 54,076 restricted stock units into common stock by Director Duncan Palmer of AleAnna, Inc. on October 29, 2026, under the company's 2025 Long-Term Incentive Plan, with significant RSU balances remaining for future vesting.