Palladyne AI Corp. (PDYN) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-01 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Palladyne AI Corp. (PDYN) CIK: 0001826681 --- Reporting Owner --- Name: THATCHER TREVOR CIK: 0002014215 Role: Officer (CHIEF FINANCIAL OFFICER) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-06-01 | Code: A (Grant or award) Shares: +1,000 | Price: $4.55 Total Value: $4,547.50 Shares Owned After: 176,697 | Ownership: D (Direct) Footnotes: [F1] The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the Palladyne AI Corp. Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of December 1, 2025 through June 1, 2026. This transaction is exempt under Rule 16b-3(c). [F2] The Purchase Period ended June 1, 2026 and is the Purchase Period comprising the Offering Period (as defined in the ESPP) that began December 1, 2025. [F3] In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on December 1, 2025. --- Footnotes (Complete Index) --- F1: The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the Palladyne AI Corp. Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of December 1, 2025 through June 1, 2026. This transaction is exempt under Rule 16b-3(c). F2: The Purchase Period ended June 1, 2026 and is the Purchase Period comprising the Offering Period (as defined in the ESPP) that began December 1, 2025. F3: In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on December 1, 2025. --- Signature --- /s/ /s/ Stephen Sonne, attorney-in-fact on behalf of Trevor Thatcher (2026-06-01)