NEELS GUIDO J 4

What Happened

• Guido J. Neels, a director of Elutia Inc. (ELUT), made two open-market purchases totaling 30,000 shares. He bought 15,000 shares on 2026-01-28 and another 15,000 shares on 2026-01-29. Each line shows a weighted average price of $1.06, with each 15,000-share tranche reported as $15,900, for a combined outlay of about $31,800. These were purchases (insider buys are often viewed as a positive signal, while sales can be routine).

Key Details

• Transaction dates and prices:
  • 2026-01-28: 15,000 shares; weighted avg price $1.06; total reported $15,900. (Footnote F1: actual prices in this tranche ranged $1.00–$1.10; weighted avg reported.)
  • 2026-01-29: 15,000 shares; weighted avg price $1.06; total reported $15,900. (Footnote F2: actual prices in this tranche ranged $1.03–$1.10; weighted avg reported.)
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: F1 and F2 state the $1.06 figures are weighted averages across multiple trades and commit the reporting person to provide a breakdown of shares bought at each price upon request by the company, shareholders, or the SEC.
• Filing timeliness: Filing dated 2026-01-29 covers purchases on 2026-01-28 and 2026-01-29; this appears to be filed within the typical Form 4 reporting window.

Context

• The total purchase size (~$31.8k) is modest for corporate insiders and may reflect a personal investment rather than a large-scale strategic stake.
• These were straightforward open-market purchases (code P). There is no indication in the filing of option exercises, gifts, tax-withholdings, or a 10% owner transaction.