Aeluma (ALMU) CFO Christopher P. Stewart Receives Awards; Surrenders 1,450 Shares

What Happened Christopher P. Stewart, Chief Financial Officer of Aeluma, received multiple equity awards on September 21, 2026: grants totaling 15,886 shares and 4,042 shares (awards/RSUs) and a derivative award of 37,568 shares (stock options). All awards were granted at $0.00 per share. To cover tax liabilities related to these awards, 1,450 shares were surrendered/withheld at $13.61 per share, resulting in proceeds (tax withholding value) of $19,735 (reported as a disposition).

Key Details

• Transaction date(s): September 21, 2026; Form 4 filed September 23, 2026 (appears timely).
• Awards granted: 15,886 shares @ $0.00; 4,042 shares @ $0.00; 37,568 derivative shares (options) @ $0.00.
• Shares surrendered for tax withholding: 1,450 shares disposed @ $13.61 = $19,735.
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes:
  • F1: RSUs vest 25% on 9/30/2027, then quarterly in 12 substantially equal increments.
  • F2: One grant is a stock award issued in lieu of a cash bonus.
  • F3: Stock options vest 25% on the first anniversary, then monthly over 36 months.
• Transaction codes: A = award/grant (acquisition); F = tax withholding (disposition).

Context

• The 37,568 "derivative" shares are stock options with a multi-year vesting schedule — these are not immediately tradable shares until they vest and are exercised.
• The 1,450-share disposal was a standard tax withholding/surrender related to the awards, not an open-market sale of shares for investment purposes.
• No indication of a 10% owner or a 10b5-1 plan; no late filing flag was indicated in the reported dates.