Aeluma (ALMU) CEO Jonathan Klamkin Sells Shares

What Happened
Jonathan Klamkin, CEO of Aeluma, sold a total of 20,000 shares in open-market/private-sales on August 3, 2026 for aggregate proceeds of approximately $334,641 (4,190 shares at a weighted avg $16.29 → $68,263; 15,810 shares at a weighted avg $16.85 → $266,378). The filing also shows two gift transactions on the same date: one disposal of 20,000 shares and one acquisition of 20,000 shares (both at $0.00). The sales were executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (timely by standard 2-business-day rule).
• Sales: 4,190 shares — weighted avg $16.29 (price range $15.62–$16.61); 15,810 shares — weighted avg $16.85 (price range $16.62–$17.53). Total proceeds ≈ $334,641.
• Gifts: 20,000 shares disposed and 20,000 shares acquired on Aug 3, 2026 (reported at $0.00). Gifts do not imply market sentiment.
• Plan note: Sales effected pursuant to a 10b5-1 trading plan adopted Dec 3, 2025 (prearranged plan).
• Footnotes: Filing states weighted averages and provides ranges; the reporting person will supply per-price breakdowns upon request by the SEC, issuer, or security holders.
• Shares owned after the transactions: Not specified in the provided filing excerpt.

Context
Sales under a 10b5-1 plan are pre-planned and commonly used for routine diversification or liquidity and do not necessarily signal a change in insider outlook. Gifted shares are transfers for non-sale purposes (e.g., family trust or estate planning) and likewise don’t directly indicate trading sentiment. This report documents insider selling activity, not a purchase (purchases are generally viewed as a stronger bullish signal).