Rezolute CEO disposes shares for RSU tax cover

Rezolute, Inc. CEO and director Nevan C. Elam reported a tax-related share disposition.

Accepted by SEC EDGAR 03/04/2026 - 06:07 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Rezolute, Inc. CEO and director Nevan C. Elam reported a tax-related share disposition. On March 2, 2026, 27,618 common shares were disposed of at a weighted average price of $2.99 per share to cover tax withholding obligations from vested RSUs.

The company required this "sell to cover" transaction, so it was not a discretionary sale by Elam. After the transaction, Elam directly held 613,501 Rezolute common shares.

Insider Trade Summary

Exercise Price or Tax Liability: 27,618 shares

Exercise Price or Tax Liability 1 txn

Insider Elam Nevan C

Role CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares	27,618	$2.99	$83K

Holdings After Transaction: Common Shares — 613,501 shares (Direct)

Holdings Before and After: Common Shares, 641,119 to 613,501 shares (Direct)

Footnotes (2)

1. F1. The disposition reported on this Form 4 represents shares disposed of by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The disposition is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
2. F2. The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.98 to $3.07, inclusive. The reporting person undertakes to provide to Rezolute, Inc., any security holder of Rezolute, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Rezolute (RZLT) report for Nevan C. Elam?

Rezolute reported that CEO and director Nevan C. Elam disposed of 27,618 common shares at a weighted average price of $2.99 on March 2, 2026. The disposition covered tax withholding tied to vesting RSUs.

Was Nevan C. Elam’s Rezolute (RZLT) share sale a discretionary transaction?

No, the disposition was not discretionary. Rezolute required a “sell to cover” transaction to satisfy tax withholding obligations from RSU vesting, meaning the sale was mandated by company election, not Elam’s trading decision.

How many Rezolute (RZLT) shares did Nevan C. Elam sell and at what price?

Elam disposed of 27,618 Rezolute common shares at a weighted average price of $2.99 per share. The shares were sold in multiple trades between $2.98 and $3.07, according to the Form 4 footnote disclosure.

How many Rezolute (RZLT) shares does Nevan C. Elam own after this Form 4 transaction?

Following the tax-withholding disposition, Nevan C. Elam directly owned 613,501 Rezolute common shares. This figure reflects his remaining direct holdings after 27,618 shares were sold to cover RSU-related tax obligations.

Why did Rezolute (RZLT) shares get sold in a range of prices in this Form 4?

The filing states the $2.99 price is a weighted average. Shares were sold in multiple transactions at prices ranging from $2.98 to $3.07, and detailed breakdowns are available from Rezolute or the reporting person upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
Estimated average burden
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^*

Elam Nevan C

(Last) (First) (Middle)

C/O REZOLUTE, INC.

275 SHORELINE DRIVE, SUITE 500

(Street)

REDWOOD CITY CA 94065

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rezolute, Inc. [ RZLT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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 Shares	03/02/2026		F(1)		27,618	D	$2.99(2)	613,501	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

Explanation of Responses:

1. The disposition reported on this Form 4 represents shares disposed of by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The disposition is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

2. The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.98 to $3.07, inclusive. The reporting person undertakes to provide to Rezolute, Inc., any security holder of Rezolute, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

	/s/ Nevan C. Elam	03/04/2026
	** 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.