Elanco (ELAN) director Harrington granted deferred and restricted stock units
Rhea-AI Filing Summary
Harrington Michael J reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health director Michael J. Harrington reported equity awards of common stock on May 21, 2026. He received 12,196 deferred stock units as a pro-rated annual equity award and 4,678 restricted stock units as an annual equity award for non-employee board members, both at no cash cost.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,874 shares
Net Buy
2 txns
Insider
Harrington Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,678 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 12,196 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 126,451 shares (Direct)
Footnotes (2)
- F1. Grant of deferred stock units as a pro-rated annual equity award to each of the non-employee members of the Issuer's Board of Directors.
- F2. Grant of restricted stock units as an annual equity award to each of the non-employee members of the Issuer's Board of Directors.
Key Figures
Deferred stock units granted: 12,196 units
Restricted stock units granted: 4,678 units
Shares held after DSU grant: 126,451 shares
+1 more
4 metrics
Deferred stock units granted
12,196 units
Pro-rated annual equity award to non-employee director on May 21, 2026
Restricted stock units granted
4,678 units
Annual equity award to non-employee director on May 21, 2026
Shares held after DSU grant
126,451 shares
Common stock directly owned after 12,196-unit grant
Shares held after RSU grant
114,255 shares
Common stock directly owned after 4,678-unit grant
Key Terms
deferred stock units, restricted stock units, non-employee members of the Issuer's Board of Directors
3 terms
deferred stock units financial
"Grant of deferred stock units as a pro-rated annual equity award"
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.
restricted stock units financial
"Grant of restricted stock units as an annual equity award"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee members of the Issuer's Board of Directors financial
"annual equity award to each of the non-employee members of the Issuer's Board of Directors"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) director Michael J. Harrington report in this Form 4?
He reported receiving equity awards of Elanco common stock. The awards consisted of deferred stock units and restricted stock units granted as part of his annual compensation for serving as a non-employee member of the Board of Directors.
How many Elanco (ELAN) deferred stock units did Michael J. Harrington receive?
He received 12,196 deferred stock units. These units were granted as a pro-rated annual equity award provided to each non-employee member of Elanco’s Board of Directors as part of their standard board compensation program.
How many Elanco (ELAN) restricted stock units were granted to Michael J. Harrington?
He was granted 4,678 restricted stock units. This grant represents the regular annual equity award made to each non-employee director serving on Elanco’s Board of Directors, and it was reported as a stock-based compensation transaction.
What were Michael J. Harrington’s Elanco (ELAN) holdings after these grants?
One line shows 126,451 shares of common stock held after a 12,196-unit grant, and another shows 114,255 shares after a 4,678-unit grant, reflecting updated direct ownership positions following the separate equity awards.
Why did Elanco (ELAN) grant deferred and restricted stock units to its director?
The deferred stock units and restricted stock units were granted as annual equity awards. These awards are part of the compensation program for non-employee members of Elanco’s Board of Directors, aligning director pay with the company’s stock performance.