SCHEDULE 13G/A 0001201333 XXXXXXXX LIVE 2 Common Shares of Limited Liability Company Interests 08/05/2025 0001589061 Gyrodyne, LLC 403829104 One Flowerfield Suite 24 St. James NY 11780 Rule 13d-1(c) Neil S. Subin X1 107188.00 0.00 107188.00 0.00 107188.00 N 4.9 IN OO Note to 5, 7 and 9: This Amendment No. 2 to Schedule 13G (this "Amendment") amends and supplements the Schedule 13G initially filed by Neil S. Subin (the "Reporting Person") with the U.S. Securities and Exchange Commission ("SEC") on January 23, 2018 and subsequently amended on August 20, 2020 (as amended, the "Schedule 13G"). The purpose of this Amendment is to (i) update the Reporting Person's beneficial ownership information in the Schedule 13G as of August 5, 2025 and (ii) indicate that the Reporting Person has ceased to be the beneficial owner of more than five percent of the Common Shares of Limited Liability Company Interests ("Common Shares") of Gyrodyne, LLC (the "Issuer") as of August 5, 2025. This Amendment constitutes an exit filing for the Reporting Person. Note to 11: The percentage reported in this Amendment is based upon 2,199,308 Common Shares outstanding according to the Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 5, 2025. Note to 12: Neil S. Subin is the President and Manager of MILFAM LLC, which serves as manager, general partner, or investment advisor of a number of entities. Mr. Subin also serves as trustee of a number of Miller family trusts. Gyrodyne, LLC One Flowerfield Suite 24 St. James, NY 11780 Neil S. Subin 2336 S.E. Ocean Boulevard Suite 400 Stuart, FL 34996 U.S.A. Y 107,188 4.9% 107,188 0 107,188 0 N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Neil S. Subin /s/ Neil S. Subin 08/21/2025