ELAN insider sale via UBS — 49,333 shares on NYSE ($830K)
Rhea-AI Filing Summary
Elanco Animal Health (ELAN) reported a proposed sale of 49,333 shares of common stock through UBS on the NYSE with an aggregate market value of $830,000, representing approximately 0.01% of the 496,646,504 shares outstanding. The filing lists the acquisition history: 1,536 shares on 12/03/2020, 16,738 shares on 02/22/2021, and 31,059 shares on 02/22/2022, all identified as stock awards.
The notice indicates no securities sold in the past three months and includes the signatory's representation that they do not know any material nonpublic information about the issuer. The form references Rule 144 procedures and mentions Rule 10b5-1 plan disclosure but does not provide a plan adoption or instruction date.
Positive
- Sale details fully disclosed: 49,333 shares with aggregate market value of $830,000, broker identified as UBS, and approximate sale date provided (08/11/2025).
- Acquisition history provided: All shares were acquired as stock awards on 12/03/2020, 02/22/2021, and 02/22/2022, totaling the 49,333 shares reported.
Negative
- No Rule 10b5-1 plan date: The filing references trading plans but does not state a plan adoption or instruction date for the sale.
- Limited context on intent: The form does not explain whether the sale is part of a preplanned disposition or for personal/liquidity reasons.
Insights
TL;DR Routine insider sale notice: 49,333 shares (~0.01% of outstanding) via UBS; acquisitions were stock awards from 2020–2022.
The Form 144 discloses a proposed sale of 49,333 Elanco common shares with an aggregate market value of $830,000 to be executed through UBS on the NYSE. The filing is specific about acquisition dates and quantities and reports no sales in the prior three months, which supports transparency. Given the size—about 0.01% of outstanding shares—the transaction appears immaterial to company capitalization based on information provided.
TL;DR Disclosure is complete on holdings and broker, but the filing omits any Rule 10b5-1 plan adoption date.
The filer documents the source of the shares (stock awards) and the broker executing the sale (UBS), and affirms lack of material nonpublic information. However, the filing does not state whether a Rule 10b5-1 trading plan exists or provide an adoption date or instruction date, which would clarify whether the sale is pre-planned. The absence of recent sales in the prior three months is explicitly reported.