Klamkin Jonathan 4

What Happened

• Jonathan Klamkin, CEO of Aeluma, sold a total of 20,000 shares of Aeluma common stock on July 1, 2026, receiving approximately $421,668 in proceeds. The sale breaks down as 19,900 shares at a weighted average price of $21.08 (total $419,512) and 100 shares at $21.56 (total $2,156).
• The same filing also shows two gift transactions on July 1, 2026: 20,000 shares reported as disposed by gift at $0.00 and 20,000 shares reported as acquired by gift at $0.00. Gifts are non-cash transfers and generally do not signal the insider’s view of the company’s stock.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely — Form 4s are typically due within 2 business days).
• Sale prices: 19,900 shares at a weighted avg $21.08 (range $20.54–$21.52 per footnote), plus 100 shares at $21.56.
• Total proceeds from reported sales: $421,668.
• Footnotes: Sales (at least the bulk 19,900-share sale) were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 3, 2025. The filing notes it can provide a breakdown of the number of shares sold at each separate price on request.
• Shares owned after the transactions: not specified in the excerpt provided in this summary.

Context

• Sales carried out under a 10b5-1 plan are pre-arranged and often viewed as routine liquidity rather than a new expression of the insider’s view of the company. Gifts are transfers that do not necessarily reflect buying/selling sentiment.
• For retail investors, purchases are generally more indicative of confidence than sales; these transactions appear to be planned sales and gift transfers rather than opportunistic open-market buying.