Douglas Plassche - 08 Jul 2025 Form 4 Insider Report for ELITE PHARMACEUTICALS INC /NV/ (ELTP)

Role: EVP Operations
Signature: /s/ Douglas Plassche
Issuer symbol: ELTP
Transactions as of: 08 Jul 2025
Net transactions value: +$75,000
Form type: 4
Filing time: 08 Jul 2025, 16:15:11 UTC
Previous filing: 28 Oct 2024
Next filing: 03 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Plassche Douglas	EVP Operations	165 LUDLOW AVE., NORTHVALE	/s/ Douglas Plassche	08 Jul 2025	0001600946

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELTP	Stock Options (right to buy)	Options Exercise	$75,000	+2,500,000		$0.0300	2,500,000	03 Jul 2025	Direct

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	ELTP	Stock Options (right to buy)	Options Exercise	$0	-2,500,000	-33%	$0.000000	5,000,000	03 Jul 2025	Common Stock	2,500,000	$0.0300	Direct	F1

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

Explanation of Responses:

Id	Content
F1	All of the stock options were fully vested and exercisable as of the transaction date.