Denbaars Steven 4

What Happened

• Steven Denbaars, a director of Aeluma, Inc. (ALMU), received an award of 10,121 restricted stock units (RSUs) on December 3, 2025. The grant price reported is $0.00, so the immediate cash value recorded in the filing is $0. This is a compensation/award transaction rather than an open‑market purchase or sale.

Key Details

• Transaction date: December 3, 2025; Form 4 filed March 2, 2026 (appears to be filed well after the typical 2-business‑day deadline).
• Transaction type/code: Award/grant (A).
• Shares granted: 10,121 RSUs at $0.00 (reported value $0).
• Shares owned after transaction: Not specified in the filing.
• Notable footnote: RSUs vest on a schedule — ~1/12 on Dec 31, 2025; 1/4 on each of Mar 31, Jun 30, Sep 30, 2026; and 1/6 on Nov 30, 2026.
• No tax‑withholding or cashless sale details disclosed in the filing.

Context

• These RSUs are compensation and will vest over time per the schedule in the filing; they do not represent an immediate cash purchase or sale. Such awards are common for executives and directors as part of compensation and don't, by themselves, signal a buy or sell decision. The delayed filing may be procedural; Form 4s are normally due within two business days of the transaction.