ELUTIA (ELUT) CSO reports RSU vesting and tax withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ELUTIA INC. Chief Scientific Officer Michelle LeRoux Williams reported routine equity compensation activity. On June 10, 2026, 12,500 restricted stock units vested into Class A Common Stock, and 4,269 shares were withheld at $1.04 per share to cover tax obligations. Following these transactions, she directly holds 122,321 Class A shares and 25,000 restricted stock units, from an original grant of 150,000 units awarded on January 31, 2024 with a scheduled vesting through December 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,500 shares exercised/converted
Mixed
3 txns
Insider
Williams Michelle LeRoux
Role
CHIEF SCIENTIFIC OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,269 | $1.04 | $4K |
Holdings After Transaction:
Restricted Stock Units — 25,000 shares (Direct, null);
Class A Common Stock — 122,321 shares (Direct, null)
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.
Key Figures
RSUs vested: 12,500 shares
Tax withholding shares: 4,269 shares at $1.04
Shares held after transaction: 122,321 shares
+2 more
5 metrics
RSUs vested
12,500 shares
Restricted stock units converting to Class A Common Stock on June 10, 2026
Tax withholding shares
4,269 shares at $1.04
Shares withheld by issuer to satisfy tax obligations on RSU vesting
Shares held after transaction
122,321 shares
Direct Class A Common Stock holdings following June 10, 2026 transactions
RSUs remaining
25,000 units
Restricted stock units reported outstanding after the June 10, 2026 vesting
Original RSU grant
150,000 units
Restricted stock units granted on January 31, 2024 with scheduled vesting through December 10, 2026
Key Terms
Restricted Stock Units, tax withholding requirements, derivative security, contingent right
4 terms
Restricted Stock Units financial
"Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock."
FAQ
What insider transaction did ELUTIA (ELUT) report for Michelle LeRoux Williams?
ELUTIA reported that Chief Scientific Officer Michelle LeRoux Williams had 12,500 restricted stock units vest into Class A Common Stock. As part of this vesting, 4,269 shares were withheld by the company to satisfy tax obligations associated with the award.
Was the ELUTIA (ELUT) insider transaction an open-market sale?
No, the filing shows a tax-related share withholding, not an open-market sale. 4,269 shares were withheld by ELUTIA at $1.04 per share to cover tax liabilities arising from the vesting of restricted stock units granted as compensation.
What is the size and vesting schedule of Michelle LeRoux Williams’ ELUTIA RSU grant?
On January 31, 2024, Michelle LeRoux Williams received 150,000 restricted stock units from ELUTIA. One-sixth vested on June 10, 2024, with one-twelfth vesting on quarterly dates through December 10, 2026, leaving 25,000 units reported as remaining after the June 10, 2026 vesting.
What derivative security did Michelle LeRoux Williams exercise in the ELUTIA Form 4?
She converted 12,500 restricted stock units, a derivative security, into an equal number of ELUTIA Class A Common Stock shares at a stated conversion price of $0.00. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.