Kevin Rakin - 30 Jan 2026 Form 4 Insider Report for ELUTIA INC. (ELUT)

Signature
Jeffrey Hamet, Attorney-in-Fact for Kevin Rakin
Issuer symbol
ELUT
Transactions as of
30 Jan 2026
Net transactions value
+$74,200
Form type
4
Filing time
02 Feb 2026, 17:01:40 UTC
Previous filing
19 Dec 2025

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
RAKIN KEVIN Director, 10%+ Owner 36 CHURCH LANE, WESTPORT Jeffrey Hamet, Attorney-in-Fact for Kevin Rakin 02 Feb 2026 0001184421
HighCape Partners GP II, LLC 10%+ Owner 36 CHURCH LANE, WESTPORT HIGHCAPE PARTNERS GP II, LLC By: /s/ Kevin L. Rakin, Managing Member 02 Feb 2026 0001957360
HighCape Partners GP II, L.P. 10%+ Owner 36 CHURCH LANE, WESTPORT HIGHCAPE PARTNERS QP II, L.P. By: HighCape Partners GP II, L.P., its general partner By: HighCape Partners GP II, LLC, its general partner By: /s/ Kevin L. Rakin, Managing Member 02 Feb 2026 0001957359
HighCape Partners QP II, L.P. 10%+ Owner 36 CHURCH LANE, WESTPORT HIGHCAPE PARTNERS GP II, L.P. By: HighCape Partners GP II, LLC, its general partner By: /s/ Kevin L. Rakin, Managing Member 02 Feb 2026 0001770972

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELUT Class A Common Stock Purchase $74,200 +70,000 +56% $1.06 196,120 30 Jan 2026 Direct F1
holding ELUT Class A Common Stock 322,419 30 Jan 2026 By trusts
holding ELUT Class A Common Stock 4,706,559 30 Jan 2026 See footnotes F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.05 to $1.08. The reporting person undertakes to provide Elutia Inc. ( the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes: (i) 4,562,431 shares of Class A Common Stock held of record by HighCape Partners QP II, L.P.; and (ii) 144,128 shares owned by other HighCape entities that are not reporting persons hereunder, but over whom Mr. Rakin may be deemed to exercise beneficial ownership in his capacity as managing member of the general partner of such entity or as managing member of the general partner of the general partner of such entity.
F3 Mr. Rakin is the managing member of HighCape Partners GP II, LLC, which is the general partner of HighCape Partners GP II, L.P., which is the general partner of HighCape Partners QP II, L.P. and another HighCape entity that owns shares of record but is not a reporting person hereunder. In addition, Mr. Rakin is a managing member of the general partner of another HighCape entity that owns shares of record but is not a reporting person hereunder.
F4 Mr. Rakin, HighCape Partners GP II, LLC and HighCape Partners GP II, L.P. may be deemed to beneficially own the securities held by HighCape Partners QP II, L.P. and the other entity for which HighCape Partners GP II, L.P. serves as general partner. Additionally, Mr. Rakin may be deemed to beneficially own the securities held by another HighCape entity by virtue of his serving as managing member of such entity's general partner. Each of the reporting persons disclaims beneficial ownership of the securities held by the other reporting persons and the non-reporting persons referred to herein except to the extent of each reporting person's pecuniary interest therein, if any.

Remarks:

The transaction is jointly reported by HighCape Partners GP II, LLC, HighCape Partners GP II, L.P., HighCape Partners QP II, L.P., and Kevin L. Rakin.