Palladyne AI (PDYN)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-08 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Palladyne AI Corp. (PDYN) CIK: 0001826681 --- Reporting Owner --- Name: Wolff Benjamin G CIK: 0001368618 Role: Director, Officer (PRESIDENT & CEO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-09-08 | Code: P (Open market purchase) Shares: +17,121 | Price: $5.79 Total Value: $99,128.88 Shares Owned After: 400,240 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $5.75 to $5.84, 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 purchased at each separate price within the range set forth herein. [F2] Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff. --- Holdings --- [Holding #1] Security: Common Stock Ownership: D (Direct) [Holding #2] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] 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. [Holding #3] Security: Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- F1: The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $5.75 to $5.84, 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 purchased at each separate price within the range set forth herein. F2: Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff. F3: 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. --- Signature --- /s/ /s/ Trevor Thatcher, attorney-in-fact on behalf of Benjamin G. Wolff (2026-09-08)