Elam Nevan C 4
4 · Rezolute, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Rezolute (RZLT) CEO Nevan C. Elam Sells 8,004 Shares
What Happened
- Nevan C. Elam, CEO and director of Rezolute, sold 8,004 shares on 2026-07-02 at $4.99 per share for a total of $39,940. The reported disposition was to satisfy tax withholding related to vested Restricted Stock Units (RSUs).
Key Details
- Transaction date and price: 2026-07-02 — 8,004 shares at $4.99 each (total $39,940).
- Transaction code: F (disposition to cover tax withholding).
- Reason: Sell-to-cover to satisfy tax withholding on RSU vesting (see footnote F1); not a discretionary open-market sale by the insider.
- Shares owned after transaction: Not specified in this Form 4.
- Filing timeliness: Form 4 filed 2026-07-07 — appears late relative to the 2026-07-02 transaction (filed more than 2 business days after) (timeliness = L).
Context
- This was a routine sell-to-cover tied to RSU settlement, meaning shares were disposed solely to meet tax obligations as required by the issuer’s withholding election. Such transactions are common at vesting and do not necessarily signal insider sentiment about the company.
Insider Transaction Report
Form 4
Rezolute, Inc.RZLT
Elam Nevan C
DirectorCEO
Transactions
- Tax Payment
Common Shares
[F1]2026-07-02$4.99/sh−8,004$39,940→ 605,497 total
Footnotes (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.
Signature
/s/ Nevan C. Elam|2026-07-07