Form 4: ELUTIA Director Brigid Makes Buys 25,000 Shares

ELUTIA INC. Director Brigid Makes acquired 25,000 shares of Class A Common Stock at a weighted average price of $0.52 per share.

Summary

• Brigid Makes, a Director of ELUTIA INC. (ELUT), purchased 25,000 shares of Class A Common Stock.
• The transaction occurred on December 17, 2025.
• The shares were acquired at a weighted average price of $0.52 per share, with individual transaction prices ranging from $0.51 to $0.53.
• Following this transaction, Brigid Makes directly beneficially owns 27,000 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The insider purchase by a director is generally a positive signal, indicating confidence in the company's prospects. However, it's a single transaction and not indicative of broader company performance or strategic shifts.

Positives

• A Director, Brigid Makes, increased her direct ownership in ELUTIA INC. by purchasing 25,000 shares, signaling confidence in the company's future prospects.
• The purchase price of $0.52 per share suggests management sees value at current levels.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Director Brigid Makes purchased 25,000 shares of Class A Common Stock, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal of management confidence, potentially influencing investor sentiment.

Key Dates

Recommendation

The purchase of 25,000 shares by a director at a weighted average price of $0.52 signals management's confidence in ELUTIA INC.'s valuation and future prospects. While this insider buying is a positive indicator, it represents a single transaction and does not provide sufficient information to warrant a 'buy' or 'strong buy' recommendation without further fundamental analysis. It primarily reinforces a 'hold' position for existing investors and suggests potential value for those considering the stock.

Keywords

ELUTIA INC., ELUT, Insider Trading, Form 4, Stock Purchase, Director, Equity Acquisition, Brigid Makes