Aeluma (ALMU) Director Steven Denbaars Sells Shares

What Happened
Steven Denbaars, a director of Aeluma, sold a total of 25,000 common shares in two open‑market dispositions: 12,500 shares on 2026-08-26 at a weighted average price of $13.84 (proceeds $173,044) and 12,500 shares on 2026-08-27 at a weighted average price of $13.82 (proceeds $172,698). Total gross proceeds were approximately $345,742. These transactions are sales (not purchases) and were executed under a pre‑existing trading plan.

Key Details

• Transaction dates and prices:
  • 2026-08-26: 12,500 shares sold at $13.84 weighted average (price range $13.57–$14.40) — $173,044
  • 2026-08-27: 12,500 shares sold at $13.82 weighted average (price range $13.59–$14.35) — $172,698
• Total shares sold: 25,000; total proceeds: ~$345,742.
• Footnotes:
  • F1: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Denbaars on November 20, 2025.
  • F2/F3: Reported prices are weighted averages; individual trade prices fall within the ranges noted above.
• Filing status: This is an amended Form 4 filed 2026-08-28 to include 10b5‑1 plan details that were unintentionally omitted from the original filing.

Context
Sales under a Rule 10b5‑1 plan are typically pre‑arranged and allow insiders to sell shares on a set schedule; they are generally viewed as routine dispositions rather than an immediate indicator of insider sentiment. The filing was amended only to add plan details per the remarks.