Form 4: Elutia Inc. CFO Matthew Ferguson Reports Stock Transactions

Matthew Ferguson, CFO of Elutia Inc., reports the vesting and subsequent tax withholding of Class A Common Stock related to restricted stock units.

Summary

• On September 10, 2024, Matthew Ferguson, the CFO of Elutia Inc., engaged in transactions involving the company's Class A Common Stock.
• These transactions included the vesting of 29,500 shares of Class A Common Stock from restricted stock units.
• Additionally, 10,527 shares were withheld by Elutia Inc. to cover tax obligations arising from the vesting of these restricted stock units at a price of $4.14 per share.
• Following these transactions, Ferguson directly owns 310,705 shares of Elutia Inc.'s Class A Common Stock.
• Ferguson also holds 112,500 restricted stock units from a grant on January 31, 2024, vesting in installments through December 10, 2026.
• An additional 33,000 restricted stock units are held from a grant on January 31, 2024, vesting on September 10, 2024, March 10, 2025 and September 10, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company insider; it doesn't inherently indicate positive or negative sentiment.

Positives

• The vesting of restricted stock units indicates that performance milestones or time-based vesting requirements have been met.

Industry Context

Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The transactions reported may provide stakeholders with insights into management's perspective on the company's stock.

Key Dates