[Form 4] DYNATRONICS CORP Insider Trading Activity

Rhea-AI Filing Summary

Baker Brian D., who serves as President & CEO and CFO of Dynatronics Corp (DYNT), reported an acquisition of 80,898 shares of common stock on 10/01/2025. The transaction was coded J and reflects issuance in lieu of cash for the quarterly dividend on the company’s 8% preferred stock at an implicit price of $0.0593 per share, where common shares were valued at 90% of the 10‑day average closing bid. Following the issuance, Mr. Baker’s beneficial ownership increased to 381,545 shares. The Form 4 was signed on 10/03/2025.

Positive

• Beneficial ownership increased to 381,545 shares after the issuance
• Transaction disclosure includes valuation method (90% of 10‑day average closing bid) and price ($0.0593)

Negative

• None.

Insights

Corporate Governance Analyst

Insider received shares via dividend conversion, modestly increasing holdings.

The Form 4 shows 80,898 common shares issued to Brian Baker attributable to an in‑kind dividend on the company’s 8% preferred shares, using a valuation of $0.0593 per share. This transaction increases his reported beneficial ownership to 381,545, updating insider stake disclosures.

This is a non‑cash, formulaic issuance rather than an open‑market purchase, so it reflects company capital structure mechanics more than a market signal of buying intent.

Equity Compliance Specialist

Transaction coded J indicates payment of dividends in common shares per plan terms.

The use of transaction code J confirms the issuance was a dividend in shares tied to preferred stock terms, with shares valued at 90% of the 10‑day average closing bid. The Form 4 discloses the valuation method and effective date (10/01/2025), satisfying Section 16 reporting requirements.

Because this is an issuance under dividend mechanics, it affects share count and insider ownership disclosure but is not an open‑market liquidity event.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Baker Brian D.

(Last) (First) (Middle)

1200 TRAPP ROAD

(Street)

EAGAN MN 55121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DYNATRONICS CORP [ DYNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO, CFO

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		J		80,898	A	(1)	381,545	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. $0.0593 per share, payment of quarterly dividends on 8% Preferred Stock in shares of common stock valued at 90% of 10-day average closing bid price.

	/s/ Brian Baker	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Dynatronics (DYNT) insider Brian Baker report on Form 4?

He reported receiving 80,898 common shares on 10/01/2025, increasing his holdings to 381,545 shares.

Why were common shares issued to the reporting person?

The shares were issued as payment of quarterly dividends on the company’s 8% preferred stock, converted into common shares.

What valuation was used for the share issuance?

Common shares were valued at 90% of the 10‑day average closing bid, resulting in an implicit price of $0.0593 per share.

When was the Form 4 signed and filed?

The Form 4 bears the reporting person’s signature dated 10/03/2025 and reports the transaction date as 10/01/2025.