Denis Garagic - 10 Mar 2026 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Denis Garagic
Issuer symbol
PDYN
Transactions as of
10 Mar 2026
Net transactions value
-$97,735
Form type
4
Filing time
12 Mar 2026, 21:00:07 UTC
Previous filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GARAGIC DENIS CHIEF TECHNOLOGY OFFICER C/O PALLADYNE AI CORP., 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY /s/ Stephen Sonne, attorney-in-fact on behalf of Denis Garagic 12 Mar 2026 0001920634

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Award +35,000 +6.1% $0.000000* 605,229 10 Mar 2026 Direct F1
transaction PDYN Common Stock Sale $97,735 -12,945 -2.1% $7.55 592,284 12 Mar 2026 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan, which can only be settled with shares of common stock. 25% of the award vests on March 10, 2027 and 1/12 of the award vests on each quarterly vesting date thereafter beginning May 20, 2027, subject to continued service through the applicable vesting date.
F2 Represents shares of common stock sold to cover income tax liabilities in connection with the vesting of restricted stock unit awards pursuant to sell-to-cover arrangements implemented by the Issuer, which the Reporting Person may elect to pay in cash, and does not represent discretionary transactions by the Reporting Person.
F3 Includes shares represented by RSUs, of which 30,000 settled on March 10, 2026 and were then reduced by the 12,945 shares sold for taxes as reported on this Form 4.