[Form 4] Palladyne AI Corp. Insider Trading Activity

Rhea-AI Filing Summary

Palladyne AI Corp. (PDYN)11/21/2025, the reporting person bought 3,000 shares of Palladyne AI common stock in an open-market transaction coded "P" for purchase. The weighted-average purchase price was $5.1898 per share, with individual trades executed between $5.185 and $5.19.

Following this transaction, the reporting person beneficially owns 23,119 shares of Palladyne AI common stock held directly. The filing notes that detailed trade-by-trade pricing within the stated range is available to the issuer, its security holders, or SEC staff upon request.

11/25/2025 - 04:19 PM

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Young Michael T.

(Last) (First) (Middle)

C/O PALLADYNE AI CORP.

650 SOUTH 500 WEST, SUITE 150

(Street)

SALT LAKE CITY UT 84101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Palladyne AI Corp. [ PDYN ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025		P		3,000	A	$5.1898(1)	23,119	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. 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 $5.185 to $5.19, 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.

	/s/ Stephen Sonne, attorney-in-fact on behalf of Michael T. Young	11/25/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Palladyne AI (PDYN) report in this Form 4?

The filing reports that a director of Palladyne AI Corp. purchased 3,000 shares of the company’s common stock in an open-market transaction.

On what date did the Palladyne AI (PDYN) director purchase shares?

The director’s purchase of Palladyne AI common stock occurred on 11/21/2025, as shown in the Form 4 transaction table.

What price did the Palladyne AI (PDYN) director pay for the shares?

The Form 4 discloses a weighted-average price of $5.1898 per share, with trades executed at prices ranging from $5.185 to $5.19 per share.

How many Palladyne AI (PDYN) shares does the reporting person own after the transaction?

After the reported purchase, the director beneficially owns 23,119 shares of Palladyne AI common stock, held directly.

What is the reporting person’s relationship to Palladyne AI (PDYN)?

The filing identifies the reporting person as a director of Palladyne AI Corp., with the Form 4 marked accordingly under the relationship section.

How were the Palladyne AI (PDYN) trades executed according to the Form 4?

The trades were open-market purchases coded as transaction code "P". The filing states the shares were bought in multiple transactions within the disclosed price range.

Can investors see the exact prices for each Palladyne AI (PDYN) trade in this Form 4?

The filing explains that only the aggregate amount and weighted-average price are shown, but the reporting person will provide full trade-by-trade details to the issuer, any security holder, or SEC staff upon request.