Yekaterina Chudnovsky - Mar 5, 2025 Form 4 Insider Report for Elicio Therapeutics, Inc. (ELTX)

Role: Director, 10%+ Owner
Signature: /s/ Yekaterina Chudnovsky
Stock symbol: ELTX
Transactions as of: Mar 5, 2025
Transactions value $: $338,328
Form type: 4
Date filed: 3/7/2025, 04:06 PM
Previous filing: Nov 25, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELTX	Common Stock	Conversion of derivative security	$20.3M	+3.5M	+182.74%	$5.81	5.42M	Mar 5, 2025	Held by GKCC, LLC	F1

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	ELTX	Convertible Note (convertible into Common Stock)	Conversion of derivative security	-$20M	-3.44M	-100%	$5.81	0	Mar 5, 2025	Common Stock	3.44M	$5.81	Held by GKCC, LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	Yekaterina (Katie) Chudnovsky is the sole member and manager of GKCC, LLC and may be deemed to beneficially own the shares held by GKCC, LLC.
F2	The Convertible Note had a stated maturity date of February 15, 2026. The Convertible Note, including any accrued but unpaid interest, was converted into shares of Common Stock on March 5, 2025 at a conversion price of $5.81 per share.