Elam Nevan C 4

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.