Elutia CFO vests 12,500 RSUs, withholds shares
Elutia’s chief financial officer had RSUs vest into common stock, with a portion of shares withheld to satisfy taxes.
Rhea-AI Filing Summary
ELUTIA INC. (ELUT) reported that its chief financial officer, Matthew Ferguson, had 12,500 restricted stock units convert into 12,500 shares of Class A Common Stock on September 10, 2026. Of these shares, 4,486 were withheld by the company to cover tax withholding requirements in connection with the vesting. No transactions were made under a Rule 10b5-1 trading plan. The vesting shares come from a grant of 150,000 restricted stock units awarded on January 31, 2024, which vest over a schedule running from June 10, 2024 through December 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,500 shares exercised/converted
Exercise
3 txns
Insider
Ferguson Matthew
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F5 | 12,500 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2, F3 | 12,500 | -- | -- |
| Tax Withholding | Class A Common Stock F4, F3 | 4,486 | $0.80 | $4K |
Holdings After Transaction:
Restricted Stock Units — 12,500 contracts (Direct);
Class A Common Stock — 489,903 shares (Direct)
Footnotes (5)
- F1. Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. Includes 1,807 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.
- F4. Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
- F5. 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 converted: 12,500 units
Common shares received from vesting: 12,500 shares
Shares withheld for taxes: 4,486 shares
+3 more
6 metrics
RSUs converted
12,500 units
Restricted stock units that converted into Class A Common Stock on September 10, 2026
Common shares received from vesting
12,500 shares
Class A Common Stock received upon RSU vesting on September 10, 2026
Shares withheld for taxes
4,486 shares
Shares of Class A Common Stock withheld to satisfy tax withholding on RSU vesting
Tax withholding value per share
$0.80 per share
Value used for shares of Class A Common Stock withheld for tax obligations
RSU grant size
150,000 units
Restricted stock units granted to the CFO on January 31, 2024
ESPP shares included
1,807 shares
Class A Common Stock acquired under the 2020 Employee Stock Purchase Plan and included in holdings
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax withholding requirements
3 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.
Employee Stock Purchase Plan financial
"Includes 1,807 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ELUTIA INC. (ELUT) disclose about Matthew Ferguson’s recent equity transaction?
ELUTIA INC. disclosed that chief financial officer Matthew Ferguson had 12,500 restricted stock units vest and convert into 12,500 shares of Class A Common Stock on September 10, 2026, reflecting scheduled equity compensation rather than an open-market purchase or sale.
Was the ELUT insider transaction by the CFO under a Rule 10b5-1 plan?
No. The filing indicates that the reported transactions were not made pursuant to a Rule 10b5-1 trading plan. The vesting and related share withholding reflect the terms of previously granted restricted stock units rather than a pre-arranged trading program.
What is the size of the RSU grant underlying the ELUT CFO’s vesting on September 10, 2026?
The vesting on September 10, 2026 relates to a grant of 150,000 restricted stock units awarded to Matthew Ferguson on January 31, 2024. The grant vests as to one-sixth on June 10, 2024 and in additional installments on specified quarterly dates through December 10, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
