C. Randal Mills - 10 Sep 2026 Form 4 Insider Report for ELUTIA INC. (ELUT)

Reporting relationship: PRESIDENT AND CEO, Director
Issuer ticker: ELUT
Reported as of: 10 Sep 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Sep 2026, 17:00:09 UTC
Prior SEC filing: 22 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills

Key filing fact

C. Randal Mills filed Form 4 for ELUTIA INC. (ELUT) on 14 Sep 2026.

Key facts

This page summarizes C. Randal Mills's Form 4 filing for ELUTIA INC. (ELUT).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Sep 2026, 17:00.

Change

Previous filing in this sequence was filed on 22 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001370939 Primary reporting owner

Mills C Randal

Relationship: PRESIDENT AND CEO, Director
Address: C/O ELUTIA INC., 20 FIRSTFIELD ROAD, GAITHERSBURG
Signature: /s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills
Signature date: 14 Sep 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ELUT transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +27,083
Change %: +6.1%
Price
Shares after: 474,113
Date: 10 Sep 2026
Ownership: Direct
Footnotes: F1, F2, F3

ELUT transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -9,718
Change %: -2%
Price: $0.8000^*
Shares after: 464,395
Date: 10 Sep 2026
Ownership: Direct
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ELUT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -27,083
Change %: -12%
Price: $0.000000^*
Shares after: 189,583
Date: 10 Sep 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 27,083
Exercise price
Footnotes: F2, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F3

Includes 5,850 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.

Footnote F4

Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.

Footnote F5

On January 31, 2024, the Reporting Person was granted 487,500 restricted stock units. Restricted stock units as to 162,500 shares vest in four equal installments upon the Issuer's achievement of a per share price equal to or greater than $6.00, $10.00, $14.00 and $18.00 in each case determined based on twenty consecutive days of trading at or above the applicable threshold subject to the Reporting Person's continuous employment with the Issuer through the vesting date; provided, however, if the vesting date for any restricted stock units that vest on stock performance is not during one of the Company's open trading windows, the vesting shall be delayed until the first business day of the next open trading window.

Footnote F6

Restricted stock units as to 325,000 shares vest as follows: 1/6 on June 10, 2024, and 1/12 quarterly on each of the following dates: September 10, 2024, December 10, 2024, March 10, 2025, June 10, 2025, September 10, 2025, December 10, 2025, March 10, 2026, June 10, 2026, September 10, 2026, and December 10, 2026.