Elanco (NYSE: ELAN) CEO adds shares and receives deferred units
Rhea-AI Filing Summary
Elanco Animal Health President and CEO Jeffrey N. Simmons reported an open-market purchase and a compensation-related award. A revocable trust associated with him bought 4,971 shares of common stock at $20.085 per share, bringing its indirect holdings to 171,971 shares. Separately, he received 142.3429 deferred stock units, each representing the right to one share of common stock or the cash equivalent, to be settled after employment ends or in a specified future year under the company’s Executive Deferral and Stock Match Plan. Following these updates, he directly holds 2,051,898 common shares and 24,306.4587 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,971 shares
Net Buy
3 txns
Insider
Simmons Jeffrey N
Role
PRESIDENT, CEO AND DIRECTOR
Bought
4,971 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 142.3429 | $19.86 | $3K |
| Purchase | Common Stock | 4,971 | $20.085 | $100K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 24,306.4587 shares (Direct);
Common Stock — 171,971 shares (Indirect, By Revocable Trust);
Common Stock — 2,051,898 shares (Direct)
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent.
- F2. Deferred stock units settle in cash or shares of Company common stock following termination of employment or during a specified future year in accordance with Executive Deferral and Stock Match Plan.
Key Figures
Open-market purchase: 4,971 shares
Purchase price: $20.085 per share
Direct common shares: 2,051,898 shares
+3 more
6 metrics
Open-market purchase
4,971 shares
Common Stock bought by revocable trust
Purchase price
$20.085 per share
Price for 4,971 common shares
Direct common shares
2,051,898 shares
Direct holdings after transactions
Indirect common shares
171,971 shares
Held by revocable trust after purchase
Deferred stock units granted
142.3429 units
New DSU award on report date
Total deferred stock units
24,306.4587 units
DSU holdings after award
Key Terms
Deferred Stock Units, Revocable Trust, Executive Deferral and Stock Match Plan
3 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Revocable Trust financial
"Indirect ownership is listed as "By Revocable Trust" for the purchased shares."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Executive Deferral and Stock Match Plan financial
"Deferred stock units settle in cash or shares ... in accordance with Executive Deferral and Stock Match Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) CEO Jeffrey N. Simmons report in this Form 4?
Jeffrey N. Simmons reported an open-market purchase and a deferred stock unit award. A revocable trust bought 4,971 Elanco common shares, and he received 142.3429 deferred stock units tied to future settlement in cash or stock.
What are the deferred stock units reported by Elanco (ELAN) CEO Simmons?
The CEO received 142.3429 deferred stock units, each equal to one Elanco common share or its cash equivalent. These units settle after employment ends or in a specified future year under the Executive Deferral and Stock Match Plan.
When will Elanco (ELAN) deferred stock units granted to the CEO be settled?
The deferred stock units will settle in cash or Elanco common shares following termination of employment or during a specified future year, in accordance with the company’s Executive Deferral and Stock Match Plan described in the filing footnotes.
Is the Elanco (ELAN) CEO’s stock purchase an open-market transaction?
Yes. The Form 4 labels the 4,971-share transaction with code P, indicating an open-market or privately negotiated purchase. The shares were acquired at $20.085 each and are held indirectly through a revocable trust associated with the CEO.