Benjamin G. Wolff - Jul 2, 2025 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
PRESIDENT & CEO, Director
Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol
PDYN
Transactions as of
Jul 2, 2025
Transactions value $
$0
Form type
4
Date filed
7/3/2025, 06:34 PM
Previous filing
May 12, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wolff Benjamin G PRESIDENT & CEO, Director C/O PALLADYNE AI CORP., 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY /s/ Stephen Sonne, attorney-in-fact on behalf of Benjamin G. Wolff 2025-07-03 0001368618

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Award $0 +1.5M +113.77% $0.00 2.82M Jul 2, 2025 Direct F1
holding PDYN Common Stock 108K Jul 2, 2025 See footnote F2
holding PDYN Common Stock 904 Jul 2, 2025 By Spouse
holding PDYN Common Stock 383K Jul 2, 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award ("RSA"). 100% of the RSA vests October 31, 2027, or earlier upon certain events, subject to continued service through such dates.
F2 Represents shares held by MLC Solo 401k Trust FOB Benjamin Wolff ("401k Trust"). Mr. Wolff and his spouse Julie Wolff are the trustees of the 401k Trust and share voting and dispositive power over equity held by the trust. Mr. Wolff is the sole beneficiary of the 401k Trust.
F3 Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.