Ferguson Matthew 4
4 · ELUTIA INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
ELUT CFO Matthew Ferguson Receives RSU Vesting; Shares Withheld
What Happened
Matthew Ferguson, Chief Financial Officer of Elutia, had restricted stock units (RSUs) vest and convert into common stock on March 10, 2026. The filing shows two conversion/derivative events totaling 25,000 shares. To satisfy tax withholding on the vesting, 5,123 shares were withheld by the issuer (reported as a disposition) valued at $1.09/share or $5,584. The net shares delivered to Ferguson were approximately 19,877 (25,000 vested − 5,123 withheld). The transactions are awards/vesting events, not open‑market purchases or sales.
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (timely within two business days).
- Vesting/Conversion: 25,000 shares reported as exercises/conversions of derivatives (RSUs).
- Tax withholding: 5,123 shares withheld at $1.09/share for $5,584 (reported as a disposition under code F).
- Net shares received (approx.): 19,877.
- Shares owned after the transactions: not specified in the provided filing details.
- Relevant footnotes: F1–F2: shares came from RSU vesting; F4: issuer withheld shares for taxes; F5: original grant was 150,000 RSUs with scheduled vesting (includes the March 10, 2026 vesting date). F3 notes 17,580 shares held from the ESPP are included in reported holdings.
Context
- These filings reflect routine RSU vesting and a cashless‑style tax withholding (issuer keeps shares) rather than a market sale or deliberate insider buy.
- Derivative entries (code M) represent conversion/cancellation of the RSU awards into common stock; the withheld shares (code F) satisfy tax obligations.
- Such award vesting is informational for investors but does not, by itself, indicate a buy or sell sentiment by the insider.
Insider Transaction Report
Form 4
ELUTIA INC.ELUT
Ferguson Matthew
CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2][F3]2026-03-10+12,500→ 477,190 total - Tax Payment
Class A Common Stock
[F4][F3]2026-03-10$1.09/sh−5,123$5,584→ 472,067 total - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-03-10−12,500→ 37,500 total→ Class A Common Stock (12,500 underlying)
Footnotes (5)
- [F1]Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F3]Includes 17,580 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.
- [F4]Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
- [F5]On January 31, 2024, the Reporting Person was granted 150,000 restricted stock units, Restricted stock units as to 1/6 vest on June 10, 2024, and as to 1/12 vest quarterly on each of the following dates: September 10, 2024, December 10, 2024, March 10, 2025, June 10, 2025, September 10, 2025, December 10, 2025, March 10, 2026, June 10, 2026, September 10, 2026, and December 10, 2026.
Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for Matthew Ferguson|2026-03-12