Elanco (ELAN) officer uses 3,371 common shares to cover tax withholding
Rhea-AI Filing Summary
Elanco Animal Health Inc officer Jose Manuel Correia de Simas reported a tax-related share disposition. On March 3, 2026, he transferred 3,371 shares of common stock at $24.88 per share to cover tax withholding, and held 101,017 shares directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,371 shares
Net Sell
1 txn
Insider
Correia de Simas Jose Manuel
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,371 | $24.88 | $84K |
Holdings After Transaction:
Common Stock — 101,017 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jose Manuel Correia de Simas report at Elanco (ELAN)?
Jose Manuel Correia de Simas reported a tax-withholding share disposition at Elanco. He transferred 3,371 shares of common stock to satisfy tax obligations, using stock instead of cash, and remained a direct shareholder after the transaction.
Was the Elanco (ELAN) insider transaction an open-market sale?
No, the transaction was classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy a tax liability, a common administrative mechanism rather than a discretionary trade in the open market.
What kind of security was involved in Jose Manuel Correia de Simas’s Elanco (ELAN) transaction?
The transaction involved Elanco common stock. The officer disposed of 3,371 common shares through a tax-withholding arrangement, with the activity reported as a non-derivative transaction in the Form 4 filing submitted to regulators.