Kristi Martindale - May 20, 2025 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Kristi Martindale
Stock symbol
PDYN
Transactions as of
May 20, 2025
Transactions value $
-$49,047
Form type
4
Date filed
5/22/2025, 07:53 PM
Previous filing
Apr 2, 2025
Next filing
Jun 9, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Martindale Kristi Chief Commercial Officer C/O PALLADYNE AI CORP., 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY /s/ Stephen Sonne, attorney-in-fact on behalf of Kristi Martindale 2025-05-22 0001878415

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Sale -$49K -6.77K -2.08% $7.24 318K May 20, 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 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.
F2 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $6.75. to $7.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 Includes shares represented by RSUs, of which 14,991 settled on May 20 2025 and were then reduced by the 6,772 shares sold for taxes as reported on this Form 4.