Wills Stephen T. - 09 Dec 2025 Form 4 Insider Report for PALATIN TECHNOLOGIES INC (PTNT)

Signature
/s/ Stephen T. Wills, by Stephen A. Slusher, Attorney-in-Fact
Issuer symbol
PTNT
Transactions as of
09 Dec 2025
Net transactions value
$0
Form type
4
Filing time
11 Dec 2025, 17:00:21 UTC
Previous filing
18 Nov 2025
Next filing
29 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILLS STEPHEN T Executive VP and CFO/COO PALATIN TECHNOLOGIES, INC., 11 DEER PARK DRIVE, MONMOUTH JUNCTION, /s/ Stephen T. Wills, by Stephen A. Slusher, Attorney-in-Fact 11 Dec 2025 0001103883

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTN Common Stock Award $0 +95 +0.15% $0.000000 63,378 09 Dec 2025 Direct F1
transaction PTN Common Stock Award $0 +330 +0.52% $0.000000 63,708 09 Dec 2025 Direct F2
transaction PTN Common Stock Award $0 +345 +0.54% $0.000000 64,053 09 Dec 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTN Stock Option (Right to Buy) Award $0 +142 +0.12% $0.000000 121,900 09 Dec 2025 Common Stock 142 $362.50 Direct F4
transaction PTN Stock Option (Right to Buy) Award $0 +518 +0.42% $0.000000 122,418 09 Dec 2025 Common Stock 518 $109.50 Direct F5
transaction PTN Stock Option (Right to Buy) Award $0 +495 +0.4% $0.000000 122,913 09 Dec 2025 Common Stock 495 $91.50 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025.
F2 Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025.
F3 Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025.
F4 Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025.
F5 Performance-based Stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025.
F6 Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025.