Form 4: ELUTIA CFO Buys 60,000 Shares in Open Market

ELUTIA Inc.'s Chief Financial Officer, Matthew Ferguson, purchased 60,000 shares of Class A Common Stock, increasing his direct beneficial ownership.

Summary

• Matthew Ferguson, the Chief Financial Officer of ELUTIA Inc., acquired 60,000 shares of the company's Class A Common Stock.
• The transaction took place on December 17, 2025.
• Shares were purchased at a weighted average price of $0.53 per share, with individual transaction prices ranging from $0.51 to $0.54.
• Following this acquisition, Ferguson directly beneficially owns a total of 447,110 shares of ELUTIA Inc.
• The purchase was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The purchase of shares by a key executive like the CFO is generally a positive signal, indicating confidence in the company's valuation and future performance. The pre-planned nature via a 10b5-1 plan adds a layer of routine, but the net effect is still positive for investor sentiment.

Positives

• CFO Matthew Ferguson increased his direct beneficial ownership by 60,000 shares, signaling confidence in the company's current valuation and future prospects.
• The transaction was conducted under a Rule 10b5-1(c) plan, which suggests a pre-planned investment decision rather than a reaction to immediate market events.

Industry Context

Insider purchases by key executives like the CFO are often viewed positively by the market, as they can signal management's belief in the company's intrinsic value and future growth potential. Such transactions, especially when executed under a pre-arranged Rule 10b5-1 plan, are common disclosures in the public markets.

Stakeholder Impact

• Shareholders may interpret the CFO's purchase as a positive indicator of management confidence, potentially bolstering investor sentiment and confidence in the company's stock.
• Employees might view this as a sign of stability and belief in the company's long-term direction from its leadership.

Key Dates

Recommendation

The CFO's purchase of 60,000 shares, while a positive signal of management confidence, is a single transaction. It reinforces a 'hold' recommendation for existing investors and suggests a closer look for potential new investors, but does not, on its own, constitute a strong 'buy' signal without further fundamental analysis of the company's financials and strategic position.

Keywords

ELUTIA Inc., ELUT, Matthew Ferguson, CFO, Insider Trading, Stock Purchase, Form 4, Beneficial Ownership, Class A Common Stock, Rule 10b5-1