ELUTIA INC. — Director's Dealing 2025

Dec 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELUTIA INC. (ELUT)
CIK: 0001708527
Period of Report: 2025-12-01

Reporting Person: NEELS GUIDO J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-01	Class A Common Stock	M	6250	—	Acquired	68750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-01	Restricted Stock Units	$	M	6250	Disposed		Class A Common Stock (6250)	Direct

Footnotes

F1: Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.

F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F3: On December 20, 2023, the Reporting Person was granted 50,000 restricted stock units which vest in eight equal installments on March 1, 2024, June 1, 2024, September 1, 2024, December 1, 2024, March 1, 2025, June 1, 2025, September 1, 2025 and December 1, 2025.