Makes Brigid 4

What Happened

• Brigid Makes, a director of ELUTIA Inc. (ELUT), received a derivative award on 2026-06-11 covering 106,393 shares (reported at $0.00). This filing reflects a grant/award (not a cash purchase or sale). The award is an option-like grant under the company's Non-Employee Director Compensation Program.

Key Details

• Transaction date: 2026-06-11; filing date: 2026-06-15.
• Award type: Derivative grant (reported as "A") covering 106,393 shares; acquisition price reported as $0.00.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: The award was granted automatically under the issuer's Non-Employee Director Compensation Program and vests/becomes exercisable on the earlier of (i) the day immediately before the issuer’s first annual meeting after the grant or (ii) the first anniversary of the grant, subject to the director’s continued board service.
• Timeliness: Filing date is shown; the Form 4 does not state any late-filing code in the provided details.

Context

• This was an award of derivative securities (options/grants). No shares were sold or bought in the open market as part of this transaction; the award does not represent immediate stock ownership until vested/exercised.
• For retail investors, director awards are routine compensation for board service. They are not direct purchases signaling the director's personal cash investment, but they can lead to future share issuance if exercised and not sold.