VERU INC. — Director's Dealing 2024

May 24, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERU INC. (VERU)
CIK: 0000863894
Period of Report: 2024-05-22

Reporting Person: STEINER MITCHELL SHUSTER (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-22	Common Stock	S	6504	$1.3866	Disposed	7006388	Direct
2024-05-23	Common Stock	S	300	$1.35	Disposed	7006088	Direct
2024-05-24	Common Stock	S	63379	$1.2323	Disposed	6942709	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	144000	Indirect

Footnotes

F1: Dr. Steiner sold the shares referenced above to help address certain personal matters. The sold shares represent only 0.7% of Dr. Steiner's total beneficial ownership in the Company. After these sales, Dr. Steiner will beneficially own 9,615,996 shares, and will continue to be the Company's second largest shareholder.

F2: The price reported above is the weighted average transaction price. The range of prices for such transactions is $1.38 to $1.40. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.

F3: The price reported above is the weighted average transaction price. The range of prices for such transactions is $1.22 to $1.27. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.

F4: Shares are held by four individual trusts with each trust for the benefit of an adult child of the reporting person. The reporting person is the trustee of each of the trusts. The reporting person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.