Palatin director granted options for 2,900 shares

PALATIN TECHNOLOGIES INC director John K A Prendergast reported receiving a stock option covering 2,900 shares of common stock at an exercise price of $7.70 per share under the 2011 Stock Incentive Plan.

Accepted by SEC EDGAR 08/05/2026 - 04:30 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PALATIN TECHNOLOGIES INC director John K A Prendergast reported receiving a stock option covering 2,900 shares of common stock at an exercise price of $7.70 per share under the 2011 Stock Incentive Plan. The option vests 50% on August 3, 2027 and 50% on August 3, 2028, and expires on August 3, 2037, leaving him with stock options over 26,921 shares in total.

Insider Trade Summary 10b5-1

Voting Trust: 2,900 shares

Voting Trust 1 txn

Insider PRENDERGAST JOHN K A

Role Director

Type	Security	Shares	Price	Value
Voting Trust	Stock Option (Right to Buy) F1	2,900	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 26,921 contracts (Direct)

Footnotes (1)

1. F1. Stock Option granted under the 2011 Stock Incentive Plan as amended. The option vests as to 50% on August 3, 2027 and as to the remaining 50% on August 3, 2028. The option was granted by the Compensation Committee on August 3, 2026, and there was no impediment to the grant of option.

Key Figures

Option grant size: 2,900 shares Exercise price: $7.70 per share Options after grant: 26,921 shares +2 more

5 metrics

Option grant size 2,900 shares Stock option covering 2,900 shares of common stock

Exercise price $7.70 per share Conversion or exercise price of the stock option

Options after grant 26,921 shares Total derivative securities held following the transaction

Vesting dates August 3, 2027; August 3, 2028 50% of the option vests on each of these dates

Expiration date 2037-08-03 Option expiration date for the stock option grant

Key Terms

Stock Option (Right to Buy), 2011 Stock Incentive Plan, vesting, voting trust

4 terms

Stock Option (Right to Buy) financial

"Reported security title was Stock Option (Right to Buy)"

2011 Stock Incentive Plan financial

"Stock Option granted under the 2011 Stock Incentive Plan as amended"

vesting financial

"The option vests as to 50% on August 3, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

voting trust financial

"Transaction code description is Deposit into or withdrawal from voting trust"

A voting trust is an arrangement where shareholders temporarily transfer their voting rights to one or more trusted individuals (trustees) who vote on company matters on their behalf. It matters to investors because it consolidates decision-making power—like handing the car keys to a single driver for a journey—which can stabilize leadership or push through strategic plans but also reduces individual shareholders’ direct influence and can affect the company’s direction and stock value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Palatin Technologies (PTN) report for John K A Prendergast?

John K A Prendergast, a director of Palatin Technologies (PTN), reported receiving a stock option covering 2,900 shares at a $7.70 exercise price. The option vests in two equal installments in August 2027 and August 2028 and expires in August 2037 under the 2011 plan.

How many PTN shares are covered by John K A Prendergast’s new option grant?

The new stock option grant covers 2,900 shares of Palatin Technologies common stock. These shares are underlying the option, meaning they can be purchased at the $7.70 exercise price if and when the option becomes vested and is exercised in the future.

What are the vesting terms of the new Palatin Technologies (PTN) stock option?

The stock option vests in two equal tranches: 50% of the option vests on August 3, 2027, and the remaining 50% vests on August 3, 2028. Vesting must occur before the holder can exercise the option for Palatin shares.

When does John K A Prendergast’s new PTN stock option expire and what is the exercise price?

The option expires on August 3, 2037 and carries an exercise price of $7.70 per share. This means the holder can buy Palatin Technologies common shares at $7.70, once vested, any time before the stated 2037 expiration date.

How many Palatin Technologies (PTN) options does John K A Prendergast hold after this grant?

After this grant, John K A Prendergast holds options over 26,921 shares of Palatin Technologies common stock. This figure represents his total reported derivative holdings following the transaction, including the newly granted 2,900-share stock option.

Was John K A Prendergast’s Palatin Technologies (PTN) option grant made under a trading plan?

The report indicates the transaction was made pursuant to a Rule 10b5-1 trading arrangement. This is shown by the affirmative Rule 10b5-1 checkbox, which signals the option grant occurred under a pre-established trading or compensation-related plan framework.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

X

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^*

PRENDERGAST JOHN K A

(Last) (First) (Middle)

PALATIN TECHNOLOGIES, INC.

301 CARNEGIE CENTER DRIVE, SUITE 304

(Street)

PRINCETON, NEW JERSEY 08540

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PALATIN TECHNOLOGIES INC [ PTN ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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

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

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

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

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
Stock Option (Right to Buy)	$7.7	08/03/2026		Z		2,900		08/03/2027(1)	08/03/2037	Common Stock	2,900	$0	26,921	D

Explanation of Responses:

1. Stock Option granted under the 2011 Stock Incentive Plan as amended. The option vests as to 50% on August 3, 2027 and as to the remaining 50% on August 3, 2028. The option was granted by the Compensation Committee on August 3, 2026, and there was no impediment to the grant of option.

	/s/ John K.A. Prendergast, by Stephen A. Slusher, Attorney-in-Fact	08/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)