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

Role: CHIEF LEGAL OFFICER
Signature: /s/ Stephen Sonne
Issuer symbol: PDYN
Transactions as of: 10 Mar 2026
Net transactions value: -$51,355
Form type: 4
Filing time: 12 Mar 2026, 21:01:02 UTC
Previous filing: 03 Dec 2025
SEC: View on sec.gov

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	12 Mar 2026	0001998996

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PDYN	Common Stock	Award		+25,000	+13%	$0.000000^*	213,008	10 Mar 2026	Direct	F1
transaction	PDYN	Common Stock	Sale	$51,355	-6,802	-3.2%	$7.55	206,206	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 17,500 settled on March 10, 2026 and were then reduced by the 6,802 shares sold for taxes as reported on this Form 4.