Eledon Pharmaceuticals (ELDN) director reports RSU vesting and share delivery

Rhea-AI Filing Summary

Eledon Pharmaceuticals director reports RSU vesting and share settlement. Director James A. Robinson Jr. settled 3,430 restricted stock units (RSUs) into 3,430 shares of common stock on January 10, 2026, in a transaction coded "M" at a price of $0 per share. The RSUs were originally granted on January 10, 2025 and vested 100% on January 10, 2026.

Following this settlement, Robinson directly holds 3,430 shares of Eledon Pharmaceuticals common stock. The derivative position in the RSUs reported in this filing is now shown as 0 derivative securities beneficially owned, reflecting the full conversion into common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Robinson James A. Jr.

(Last) (First) (Middle)

C/O ELEDON PHARMACEUTICALS, INC.

19800 MACARTHUR BLVD STE. 250

(Street)

IRVINE CA 92612

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Eledon Pharmaceuticals, Inc. [ ELDN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/10/2026		M		3,430(1)	A	$0	3,430	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/10/2026		M			3,430	(1)	(1)	Common Stock	3,430	$0	0	D

Explanation of Responses:

1. Represents shares issuable on settlement of restricted stock units ("RSUs") for common stock on a one-for-one basis granted to the reporting person. The RSUs were issued on January 10, 2025 and vested 100% on January 10, 2026.

	/s/ Paul Little, as attorney-in-fact for Jim Robinson	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Eledon Pharmaceuticals (ELDN) report on January 10, 2026?

Director James A. Robinson Jr. settled 3,430 restricted stock units (RSUs) into 3,430 shares of Eledon Pharmaceuticals common stock on January 10, 2026, in a transaction coded "M" at a price of $0 per share.

How many Eledon Pharmaceuticals shares does James A. Robinson Jr. hold after this Form 4 filing?

After the reported transaction, James A. Robinson Jr. directly owns 3,430 shares of Eledon Pharmaceuticals common stock, as shown in the Form 4.

What happened to the restricted stock units reported for Eledon Pharmaceuticals (ELDN)?

The filing shows that 3,430 restricted stock units were converted into 3,430 shares of common stock, leaving 0 derivative securities beneficially owned after the transaction.

When were the Eledon Pharmaceuticals RSUs granted and when did they vest?

The RSUs were issued on January 10, 2025 and vested 100% on January 10, 2026, according to the footnote in the Form 4.

What does transaction code "M" mean in this Eledon Pharmaceuticals Form 4?

In this Form 4, the transaction code "M" reflects the exercise or conversion of derivative securities, where 3,430 RSUs were settled into 3,430 common shares at $0 per share.

Is the Eledon Pharmaceuticals insider transaction held directly or indirectly?

The Form 4 indicates that the 3,430 common shares held after the transaction are owned directly (D) by James A. Robinson Jr..