Form 4: ELUTIA CFO Matthew Ferguson Reports Routine Stock Vesting and Tax-Related Share Disposition

ELUTIA Inc.'s Chief Financial Officer, Matthew Ferguson, reported the vesting of restricted stock units and a subsequent disposition of shares to cover tax obligations, as detailed in a recent SEC Form 4 filing.

Summary

• Matthew Ferguson, Chief Financial Officer of ELUTIA Inc. (ELUT), reported changes in his beneficial ownership of company stock.
• On June 10, 2025, Mr. Ferguson acquired 12,500 shares of Class A Common Stock through the vesting of restricted stock units (RSUs).
• Following this acquisition, his direct beneficial ownership of Class A Common Stock increased to 354,878 shares.
• Concurrently, 4,461 shares of Class A Common Stock were disposed of at a price of $1.99 per share to satisfy tax withholding requirements related to the RSU vesting.
• After the tax-related disposition, Mr. Ferguson's direct beneficial ownership of Class A Common Stock stands at 350,417 shares.
• The transaction also reflects the disposition of 12,500 restricted stock units from his derivative holdings, leaving him with 75,000 unvested restricted stock units.
• The original grant of 150,000 restricted stock units occurred on January 31, 2024, with a vesting schedule that includes 1/6 vesting on June 10, 2024, and 1/12 vesting quarterly thereafter until December 10, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there's a disposition of shares, it's for tax purposes related to compensation, which is a routine and expected event. The vesting itself is a positive for the executive, reflecting earned compensation and continued alignment with company performance.

Positives

• The vesting of 12,500 restricted stock units represents a realization of compensation for the Chief Financial Officer, indicating continued alignment of management interests with shareholder value.
• The increase in direct beneficial ownership of Class A Common Stock to 350,417 shares after the transactions demonstrates a significant personal stake in the company's performance.

Negatives

• A disposition of 4,461 shares occurred to cover tax withholding, which is a standard practice but reduces the total number of shares held by the officer.

Future Outlook

The document indicates a structured vesting schedule for the remaining 75,000 restricted stock units held by the CFO, with quarterly vesting events continuing until December 10, 2026. This suggests a predictable future inflow of shares to the CFO as part of his compensation plan.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions, specifically related to executive compensation through restricted stock units. Such filings are common across all publicly traded companies as a mechanism for transparency regarding management's equity holdings and compensation realization.

Stakeholder Impact

• Shareholders: The report provides transparency into executive compensation and stock ownership, which can influence investor confidence. The disposition of shares for tax purposes is a minor dilution event but is standard and expected.
• Employees: The vesting of RSUs for a key executive may signal the company's commitment to performance-based compensation.

Next Steps

• Future quarterly vesting of the remaining 75,000 restricted stock units held by Matthew Ferguson, scheduled until December 10, 2026.

Key Dates

Keywords

ELUTIA, ELUT, Form 4, Insider Trading, Stock Ownership, CFO, Restricted Stock Units, RSU, Stock Vesting, Beneficial Ownership, Executive Compensation