Elanco (ELAN) CEO Jeffrey Simmons receives 4,497 deferred stock units grant
Rhea-AI Filing Summary
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc President and CEO Jeffrey N. Simmons received a grant of 4,497.6194 deferred stock units linked to the company’s common stock. Each unit represents the right to receive one share of common stock or the cash equivalent in the future, typically after employment ends or in a specified year. Following this award, his reported deferred stock unit balance is 23,677.3833 units, reflecting compensation rather than an open-market stock purchase or sale.
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Insights
Routine deferred stock unit award to Elanco’s CEO, no open-market trading.
The filing shows CEO Jeffrey N. Simmons received 4,497.6194 deferred stock units tied to Elanco Animal Health Inc common stock at a reference value of $23.3600 per unit. This is coded as an acquisition via grant or award, not a market transaction.
The units represent a right to future shares or cash and settle after termination of employment or in a specified future year under the Executive Deferral and Stock Match Plan. There are no remaining derivative positions listed, and total reported deferred units are 23,677.3833 after the grant.
Because this is standard equity-based compensation with no open-market buying or selling, it is generally viewed as an administrative update rather than a directional signal about the stock. The economic impact depends on Elanco’s share price and the eventual settlement terms when employment ends or the chosen deferral year arrives.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 4,497.6194 | $23.36 | $105K |
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.
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