C. Randal Mills - 01 Jan 2026 Form 4 Insider Report for ELUTIA INC. (ELUT)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills
Issuer symbol: ELUT
Transactions as of: 01 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 05 Jan 2026, 17:00:08 UTC
Previous filing: 18 Dec 2025
Next filing: 12 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Mills C Randal	PRESIDENT AND CEO, Director	C/O ELUTIA INC., 20 FIRSTFIELD ROAD, GAITHERSBURG	/s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills	05 Jan 2026	0001370939

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ELUT	Stock Option (Right to Buy)	Award	$0	+726,000		$0.000000	726,000	01 Jan 2026	Class A Common Stock	726,000	$0.6900	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vests monthly over four years beginning one month after grant date such that the option shall be fully vested and exercisable on January 1, 2030.