Elicio Therapeutics (ELTX) CEO receives new RSUs and 147,200 stock options

Rhea-AI Filing Summary

Elicio Therapeutics CEO Robert Connelly received new equity awards in the form of restricted stock units and stock options. On February 2, 2026, he was granted 73,600 restricted stock units of common stock at a price of $0, increasing his directly held common shares to 120,570.

He was also granted 147,200 stock options with an exercise price of $8.10 per share, all held directly. Both the RSUs and options vest 25% on February 2, 2027, with the remaining portions vesting over the following three years, contingent on his continued service to the company.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Connelly Robert

(Last) (First) (Middle)

C/O ELICIO THERAPEUTICS, INC.

451 D STREET, 5TH FLOOR, SUITE 501

(Street)

BOSTON MA 02210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Elicio Therapeutics, Inc. [ ELTX ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, President and Director

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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	02/02/2026		A		73,600(1)	A	$0(1)	120,570	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
Stock Option (Right to Buy)	$8.1	02/02/2026		A		147,200		(2)	02/02/2036	Common Stock	147,200	$0	147,200	D

Explanation of Responses:

1. Represents restricted stock units ("RSUs") that will vest as to 25% of the RSUs on February 2, 2027, the first anniversary of the grant date, with the remaining RSUs vesting in annual installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. Each RSU represents the right to receive one share of common stock, par value $0.01 per share, of the Issuer.

2. The stock option vests and becomes exercisable as to 25% of the options on February 2, 2027, the first anniversary of the grant date, with the remaining options vesting in monthly installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.

Remarks:

	/s/ Robert Connelly	02/03/2026
	** 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 transactions did ELTX CEO Robert Connelly report?

Robert Connelly reported receiving equity awards in Elicio Therapeutics common stock. He was granted 73,600 restricted stock units and 147,200 stock options, both at a grant price of $0, with the options carrying an $8.10 exercise price per share, subject to multi‑year vesting schedules.

How many Elicio Therapeutics (ELTX) shares does Robert Connelly now own directly?

After the reported equity grant, Robert Connelly directly beneficially owns 120,570 shares of Elicio Therapeutics common stock. This figure reflects his holdings following the award of 73,600 restricted stock units, each representing the right to receive one share upon vesting and settlement.

What are the vesting terms of Robert Connelly’s new ELTX restricted stock units?

The 73,600 restricted stock units vest 25% on February 2, 2027, the first anniversary of the grant. The remaining units vest in annual installments over the next three years, and all vesting depends on Robert Connelly continuing to provide service to Elicio Therapeutics.

What are the details of Robert Connelly’s new Elicio stock option grant?

Robert Connelly received 147,200 stock options with an $8.10 exercise price, expiring on February 2, 2036. Twenty‑five percent become exercisable on February 2, 2027, with the remaining options vesting monthly over three years, conditioned on his continued service to the company.

When do Robert Connelly’s new ELTX equity awards start vesting?

Both the restricted stock units and stock options begin vesting on February 2, 2027, one year after the grant date. On that date, 25% of each award vests, with the remaining portions vesting over the subsequent three‑year period, assuming continued service.