Carl Spana - 09 Dec 2025 Form 4 Insider Report for PALATIN TECHNOLOGIES INC (PTNT)

Reporting relationship: President and CEO, Director
Issuer ticker: PTNT
Reported as of: 09 Dec 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Dec 2025, 17:00:17 UTC
Prior SEC filing: 18 Nov 2025
Next SEC filing: 02 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Carl Spana, by Stephen A. Slusher, Attorney-in-Fact

Key filing fact

Carl Spana filed Form 4 for PALATIN TECHNOLOGIES INC (PTNT) on 11 Dec 2025.

Key facts

This page summarizes Carl Spana's Form 4 filing for PALATIN TECHNOLOGIES INC (PTNT).
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 11 Dec 2025, 17:00.

Change

Previous filing in this sequence was filed on 18 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001042011 Primary reporting owner

SPANA CARL

Relationship: President and CEO, Director
Address: PALATIN TECHNOLOGIES, INC., 11 DEER PARK DRIVE, MONMOUTH JUNCTION,
Signature: /s/ Carl Spana, by Stephen A. Slusher, Attorney-in-Fact
Signature date: 11 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTN transaction

Common Stock

Award

Transaction value: $0
Shares: +110
Change %: +0.17%
Price: $0.000000
Shares after: 63,923
Date: 09 Dec 2025
Ownership: Direct
Footnotes: F1

PTN transaction

Common Stock

Award

Transaction value: $0
Shares: +380
Change %: +0.59%
Price: $0.000000
Shares after: 64,303
Date: 09 Dec 2025
Ownership: Direct
Footnotes: F2

PTN transaction

Common Stock

Award

Transaction value: $0
Shares: +395
Change %: +0.61%
Price: $0.000000
Shares after: 64,698
Date: 09 Dec 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +163
Change %: +0.13%
Price: $0.000000
Shares after: 122,776
Date: 09 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 163
Exercise price: $362.50
Footnotes: F4

PTN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +595
Change %: +0.48%
Price: $0.000000
Shares after: 123,371
Date: 09 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 595
Exercise price: $109.50
Footnotes: F5

PTN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +568
Change %: +0.46%
Price: $0.000000
Shares after: 123,939
Date: 09 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 568
Exercise price: $91.50
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.