X0609 4 2026-06-10 0 0001583648 PALVELLA THERAPEUTICS, INC. PVLA 0001271081 JENKINS GEORGE M false C/O PALVELLA THERAPEUTICS, INC. 353 W. LANCASTER AVENUE, SUITE 200 WAYNE PA 19087 1 0 0 0 0 Stock Option (Right to Buy) 102.19 2026-06-10 4 A 0 3000 0 A 2036-06-10 Common Stock 3000 3000 D The shares subject to this option shall vest upon the earlier of (i) the first anniversary of the grant date or (ii) the date of the Issuer's next annual meeting of stockholders following the grant date, subject in each case to the Reporting Person's continued service through the applicable vesting date. /s/ Kathleen A. McGowan, Attorney-in-Fact 2026-06-12