Stephen Sonne - 01 Jun 2025 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Signature
/s/ Stephen Sonne
Issuer symbol
PDYN
Transactions as of
01 Jun 2025
Net transactions value
+$5,032
Form type
4
Filing time
09 Jun 2025, 18:32:02 UTC
Previous filing
22 May 2025
Next filing
21 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SONNE STEPHEN CHIEF LEGAL OFFICER C/O PALLADYNE AI CORP., 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY /s/ Stephen Sonne 09 Jun 2025 0001998996

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Award $5,032 +1,000 +0.52% $5.03 193,655 01 Jun 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the Palladyne AI Corp. Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of December 1, 2024 through June 1, 2025. This transaction is also exempt under Rule 16b-3(c).
F2 The Purchase Period ended June 1 and is the first of two Purchase Periods comprising the Offering Period (as defined in the ESPP) that began December 1, 2024.
F3 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on December 2, 2024.