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

Matthew Ferguson, CFO of Elutia Inc., reports the vesting of restricted stock units and associated tax withholding.

Summary

• On June 10, 2024, Matthew Ferguson, the CFO of Elutia Inc., reported transactions involving Class A Common Stock.
• 25,000 shares were acquired through the vesting of restricted stock units.
• 8,920 shares were disposed of to satisfy tax withholding requirements at a price of $3.47 per share.
• Following these transactions, Ferguson beneficially owns 152,743 shares of Class A Common Stock.
• He also holds 125,000 restricted stock units.
• These restricted stock units were granted on January 31, 2024, and vest in installments through December 10, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting neutral sentiment. It reports routine stock transactions by a company insider.

Positives

• The vesting of restricted stock units indicates a continued alignment of the CFO's interests with the company's performance.

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

• Shareholders are informed about the CFO's stock transactions, providing transparency.

Key Dates