A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 12 filings in this group are Form 4s for Elutia Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 12 insider filings shown, the breakdown is 7 option exercise, 4 compensation award and 1 gift. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.
Form 4
Option exercise
Tax / Compensation Filing
2026-09-14
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Williams Michelle LeRoux (CHIEF SCIENTIFIC OFFICER) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,500 |
— |
— |
F |
Tax withholding on vested shares
|
4,269 |
$0.80 |
$3.4K |
M |
Option exercise
derivative · Restricted Stock Units
|
12,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Williams Michelle LeRoux (CHIEF SCIENTIFIC OFFICER)
Shares: 16,769
Form 4
Option exercise
Tax / Compensation Filing
2026-09-14
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Ferguson Matthew (CHIEF FINANCIAL OFFICER) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,500 |
— |
— |
F |
Tax withholding on vested shares
|
4,486 |
$0.80 |
$3.6K |
M |
Option exercise
derivative · Restricted Stock Units
|
12,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ferguson Matthew (CHIEF FINANCIAL OFFICER)
Shares: 16,986
Form 4
Option exercise
Tax / Compensation Filing
2026-09-14
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Mills C Randal (Director, PRESIDENT AND CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
27,083 |
— |
— |
F |
Tax withholding on vested shares
|
9,718 |
$0.80 |
$7.8K |
M |
Option exercise
derivative · Restricted Stock Units
|
27,083 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mills C Randal (Director, PRESIDENT AND CEO)
Shares: 36,801
Form 4
Option exercise
Tax / Compensation Filing
2026-06-22
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Mills C Randal (Director, PRESIDENT AND CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
22,473 |
— |
— |
F |
Tax withholding on vested shares
|
8,064 |
$1.06 |
$8.5K |
M |
Option exercise
derivative · Restricted Stock Units
|
22,473 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mills C Randal (Director, PRESIDENT AND CEO)
Shares: 30,537
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
RAKIN KEVIN (Director, 10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (Right to Buy)
|
159,590 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: RAKIN KEVIN (Director, 10% Owner)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Colpman David (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (Right to Buy)
|
106,393 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Colpman David (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
NEELS GUIDO J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (Right to Buy)
|
106,393 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: NEELS GUIDO J (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Makes Brigid (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (Right to Buy)
|
106,393 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Makes Brigid (Director)
Form 4
Option exercise
Tax / Compensation Filing
2026-06-12
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Williams Michelle LeRoux (CHIEF SCIENTIFIC OFFICER) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,500 |
— |
— |
F |
Tax withholding on vested shares
|
4,269 |
$1.04 |
$4.4K |
M |
Option exercise
derivative · Restricted Stock Units
|
12,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Williams Michelle LeRoux (CHIEF SCIENTIFIC OFFICER)
Shares: 16,769
Form 4
Option exercise
Tax / Compensation Filing
2026-06-12
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Ferguson Matthew (CHIEF FINANCIAL OFFICER) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,500 |
— |
— |
F |
Tax withholding on vested shares
|
4,485 |
$1.04 |
$4.7K |
M |
Option exercise
derivative · Restricted Stock Units
|
12,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ferguson Matthew (CHIEF FINANCIAL OFFICER)
Shares: 16,985
Form 4
Option exercise
Tax / Compensation Filing
2026-06-12
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
Mills C Randal (Director, PRESIDENT AND CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
27,083 |
— |
— |
F |
Tax withholding on vested shares
|
9,718 |
$1.04 |
$10.1K |
M |
Option exercise
derivative · Restricted Stock Units
|
27,083 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mills C Randal (Director, PRESIDENT AND CEO)
Shares: 36,801
Form 4
Gift
Tax / Compensation Filing
2026-06-02
ELUT insider Form 4 filed for equity award, exercise, or tax withholding
RAKIN KEVIN (Director, 10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
70,000 |
— |
— |
J |
Other transaction
|
50,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: RAKIN KEVIN (Director, 10% Owner)
Shares: 120,000