Elanco (ELAN) director converts cash fees into 584 deferred stock units
Rhea-AI Filing Summary
Anand Kapila K reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health director K. Anand reported receiving 584.1121 Deferred Stock Units on June 30, 2026. These units were issued at an implied price of $24.61 per unit by deferring her director cash retainer into the company’s Directors’ Deferral Plan.
Each Deferred Stock Unit is the economic equivalent of one share of Elanco common stock and will be settled in stock when she leaves the Board. Following this compensation-related award, Anand holds a total of 10,079.5639 Deferred Stock Units directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anand Kapila K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 584.1121 | $24.61 | $14K |
Holdings After Transaction:
Deferred Stock Units — 10,079.5639 shares (Direct)
Footnotes (3)
- F1. Ms. Anand elected to defer her director cash retainer fees pursuant to the Company's Directors' Deferral Plan (the "Plan") and such deferred fees were credited to the Elanco Deferred Stock Account under the Plan. Each Deferred Stock Unit is the economic equivalent of one share of Elanco common stock.
- F2. The Deferred Stock Units will be settled in stock upon the reporting person's separation of service from the Company's Board of Directors pursuant to the Plan.
- F3. The number of Deferred Stock Units issued is the amount of cash compensation deferred divided by the closing price of a share of Elanco common stock on the grant date, which was $24.61 on June 30, 2026.
Key Figures
Deferred Stock Units granted: 584.1121 units
Implied grant price: $24.61 per unit
Total Deferred Stock Units after award: 10,079.5639 units
+1 more
4 metrics
Deferred Stock Units granted
584.1121 units
Director fee deferral on June 30, 2026
Implied grant price
$24.61 per unit
Closing price of Elanco common stock on June 30, 2026
Total Deferred Stock Units after award
10,079.5639 units
Holdings following June 30, 2026 grant
Underlying security
584.1121 shares
Common stock underlying the new Deferred Stock Units
Key Terms
Deferred Stock Units, Directors' Deferral Plan, Elanco Deferred Stock Account, separation of service
4 terms
Deferred Stock Units financial
"Each Deferred Stock Unit is the economic equivalent of one share of Elanco 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.
Directors' Deferral Plan financial
"Ms. Anand elected to defer her director cash retainer fees pursuant to the Company's Directors' Deferral Plan (the "Plan")."
Elanco Deferred Stock Account financial
"such deferred fees were credited to the Elanco Deferred Stock Account under the Plan."
separation of service financial
"The Deferred Stock Units will be settled in stock upon the reporting person's separation of service from the Company's Board of Directors."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) director K. Anand report in this Form 4?
K. Anand reported receiving 584.1121 Deferred Stock Units as director compensation. The units result from deferring her cash retainer into Elanco’s Directors’ Deferral Plan and are economically equivalent to common shares, increasing her total deferred holdings to 10,079.5639 units.
How were the 584.1121 Deferred Stock Units for Elanco (ELAN) calculated?
The 584.1121 Deferred Stock Units equal Anand’s deferred cash compensation divided by Elanco’s $24.61 closing share price on June 30, 2026. This converts her director cash retainer into stock-based units under the company’s Directors’ Deferral Plan as an alternative form of compensation.
Does this Elanco (ELAN) Form 4 show an open-market stock purchase or sale?
The Form 4 shows a grant/award acquisition, not an open-market trade. The 584.1121 Deferred Stock Units reflect director fees voluntarily deferred into stock units, rather than buying or selling Elanco shares in the market, and are classified as derivative securities.
What is K. Anand’s total Deferred Stock Unit position in Elanco (ELAN) after this filing?
After this award, K. Anand holds 10,079.5639 Deferred Stock Units directly. Each unit is the economic equivalent of one Elanco common share and represents deferred director compensation that will be settled in stock upon her separation from the Board of Directors.