Elanco Animal Health (NYSE: ELAN) awards deferred stock units to company officer
Rhea-AI Filing Summary
Modi Rajeev A. reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc company officer Rajeev A. Modi received a grant of 59.5056 deferred stock units on July 10, 2026 at a reference price of $24.82 per unit. Each unit represents the right to one share of common stock or the cash equivalent and will settle after employment ends or in a specified future year under the Executive Deferral and Stock Match Plan. Following this award, Modi directly holds 9,582.6368 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Modi Rajeev A.
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 59.5056 | $24.82 | $1K |
Holdings After Transaction:
Deferred Stock Units — 9,582.6368 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
Deferred stock units granted: 59.5056 units
Reference price per unit: $24.82
Deferred stock units after grant: 9,582.6368 units
3 metrics
Deferred stock units granted
59.5056 units
Grant of deferred stock units on July 10, 2026
Reference price per unit
$24.82
Valuation price used for the July 10, 2026 deferred stock unit grant
Deferred stock units after grant
9,582.6368 units
Total direct deferred stock unit holdings following the award
Key Terms
Deferred Stock Units, cash equivalent, 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"
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.
cash equivalent financial
"represents the right to receive one share of Company common stock or the cash equivalent"
Executive Deferral and Stock Match Plan financial
"settle in cash or shares of Company common stock ... in accordance with Executive Deferral and Stock Match Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) report for Rajeev A. Modi?
Elanco reported that company officer Rajeev A. Modi received a grant of 59.5056 deferred stock units on July 10, 2026. These are compensation-related awards, not open-market purchases or sales, and are tied to the company’s Executive Deferral and Stock Match Plan.
How many deferred stock units were granted to Rajeev A. Modi at Elanco (ELAN)?
Rajeev A. Modi was granted 59.5056 deferred stock units linked to Elanco common stock. After this award, his direct holdings in deferred stock units increased to 9,582.6368 units, representing future rights to cash or shares rather than current ownership of common stock.
At what price were the Elanco (ELAN) deferred stock units valued in Modi's grant?
The deferred stock units granted to Rajeev A. Modi were valued at a reference price of $24.82 per unit. This price is used for award valuation purposes and does not indicate an open-market purchase transaction by the officer on that date.
What does a deferred stock unit represent for Elanco (ELAN)?
Each Elanco deferred stock unit represents the right to receive one share of common stock or the cash equivalent. Settlement occurs later, giving the holder future economic exposure rather than immediate stock ownership or voting rights like regular common shares.
When will Rajeev A. Modi's Elanco (ELAN) deferred stock units settle?
The deferred stock units will settle in cash or Elanco common stock after Modi’s employment terminates or during a specified future year. Settlement timing follows the terms of Elanco’s Executive Deferral and Stock Match Plan governing these deferred compensation awards.