Form 4: Elutia Inc. CFO Matthew Ferguson Reports Stock Transactions
SEC Form 4 Filing
Matthew Ferguson, CFO of Elutia Inc., reports the acquisition of 1,288 shares and disposal of 528 shares of Class A Common Stock on March 8, 2024, related to restricted stock unit vesting and tax withholding.
Summary
- On March 8, 2024, Matthew Ferguson, the Chief Financial Officer of Elutia Inc., engaged in transactions involving the company's Class A Common Stock.
- Ferguson acquired 1,288 shares through the vesting of restricted stock units at a price of $0.
- Simultaneously, 528 shares were disposed of to satisfy tax withholding requirements at a price of $3.24.
- Following these transactions, Ferguson directly owns 121,279 shares of Elutia Inc.'s Class A Common Stock and 1,287 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, who trade in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation-related stock activity.
Key Dates
| Date | Description |
|---|---|
| 03/08/2021 | Reporting Person was granted 5,150 restricted stock units, vesting in four substantially equal annual installments beginning on March 8, 2022. |
| 03/08/2022 | First vesting date of restricted stock units granted on March 8, 2021. |
| 03/08/2024 | Date of reported transactions: acquisition of 1,288 shares via vesting of restricted stock units and disposal of 528 shares for tax withholding. |
| 03/14/2023 | Date of signature for the Form 4 filing. |
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