ELUT Form 4: CFO Matthew Ferguson Vesting and Tax Withholding Detail
Rhea-AI Filing Summary
Matthew Ferguson, Chief Financial Officer of Elutia Inc. (ELUT), reported insider transactions dated 09/10/2025. On that date he received 29,000 shares of Class A Common Stock upon vesting of restricted stock units, which increased his beneficial ownership to 379,417 shares. The filing also shows 10,348 shares were withheld to satisfy tax withholding at a reported price of $1.36, reducing the reported holding to 369,069 shares. The filing discloses the original RSU grants made on January 31, 2024 (150,000 and 50,000 RSUs) and the vesting schedules for those grants. The form is signed by Mr. Ferguson on 09/11/2025.
Positive
- 29,000 shares received from RSU vesting, increasing direct beneficial ownership to 379,417 shares
- Filing discloses original RSU grants and detailed vesting schedules from January 31, 2024, providing transparency
Negative
- 10,348 shares were withheld to satisfy tax withholding, reducing reported holdings to 369,069
Insights
TL;DR: Routine executive compensation vesting; modest insider share increase, minimal immediate market impact.
The filing documents standard vesting of restricted stock units rather than an open-market purchase or sale. Receipt of 29,000 Class A shares increases the CFO's direct stake to 379,417 shares before tax withholding. A withholding of 10,348 shares at $1.36 was executed to cover taxes, netting 369,069 shares. These transactions reflect compensation realization and do not indicate a discretionary buy or sell decision by the officer.
TL;DR: Compensation-related vesting disclosed properly; filing shows transparency on grant schedules and withholding.
The Form 4 clearly links the transferred shares to previously granted RSUs and includes the grant dates and vesting schedule from January 31, 2024. The reporting meets Section 16 disclosure requirements by showing shares received on vesting and shares withheld for taxes. No unexplained transfers or deviations from the stated vesting schedule are present in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 16,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 29,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,348 | $1.36 | $14K |
Footnotes (1)
- Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units. On January 31, 2024, the Reporting Person was granted 150,000 restricted stock units. Restricted stock units as to 1/6 vest on June 10, 2024, and as to 1/12 vest quarterly on each of the following dates: September 10, 2024, December 10, 2024, March 10, 2025, June 10, 2025, September 10, 2025, December 10, 2025, March 10, 2026, June 10, 2026, September 10, 2026 and December 10, 2026. On January 31, 2024, the Reporting Person was granted 50,000 restricted stock units. Restricted stock units vest as to 34% on September 24, 2024, 33% on March 10, 2025 and 33% on September 10, 2025.