NEELS GUIDO J 4

What Happened

• Guido J. Neels, a director of Elutia Inc. (ELUT), purchased 20,000 shares in an open-market transaction on January 30, 2026. The reported weighted-average price was $1.04 per share, for a total reported purchase value of $20,800. This was a straight purchase (Form 4 code "P"), which is generally a clear buy signal rather than a sale.

Key Details

• Transaction date: 2026-01-30 (open-market purchase, code P)
• Price: weighted average $1.04; purchases executed at prices ranging $1.03–$1.07 (see footnote)
• Total reported value: $20,800
• Shares owned after transaction: not disclosed in the information provided
• Footnote: The $1.04 is a weighted-average price; the filer says full per-trade price/quantity details are available on request (Footnote F1)
• Filing: Form 4 filed 2026-02-02 — appears timely (filed within the SEC’s two-business-day reporting window)

Context

• This was a direct open-market purchase (code P). Purchases by insiders can be interpreted by some retail investors as a positive signal, but they should be considered alongside other data (company fundamentals, size of holding, and insider’s existing stake). No option exercise, gift, or tax-withholding event is indicated in the provided filing.