Elanco Animal Health Inc (NYSE: ELAN) awards deferred stock units
Rhea-AI Filing Summary
Modi Rajeev A. reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc reported that Executive Vice President U.S. Pet Health and Global Digital Transformation Rajeev A. Modi received a grant of 59.2906 deferred stock units on 2026-07-24 at a reference value of $24.91 per unit. Each unit represents the right to receive one share of common stock or the cash equivalent and will settle in cash or shares after termination of employment or in a specified future year under the Executive Deferral and Stock Match Plan. Following this grant, Modi holds 9,641.9274 deferred stock units directly.
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 | 59.2906 | $24.91 | $1K |
Holdings After Transaction:
Deferred Stock Units — 9,641.9274 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: 59.2906 units
Grant reference value: $24.9100 per unit
Deferred stock units after grant: 9,641.9274 units
+2 more
5 metrics
Deferred stock units granted
59.2906 units
Grant to Rajeev A. Modi on 2026-07-24
Grant reference value
$24.9100 per unit
Value per deferred stock unit on grant date
Deferred stock units after grant
9,641.9274 units
Total direct deferred stock units held by Modi after transaction
Underlying common shares
59.2906 shares
Each deferred stock unit corresponds to one share of common stock
Transaction date
2026-07-24
Date of deferred stock unit grant to Rajeev A. Modi
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan, termination of employment
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.
Executive Deferral and Stock Match Plan financial
"in accordance with Executive Deferral and Stock Match Plan"
termination of employment financial
"settle in cash or shares of Company common stock following termination of employment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Rajeev A. Modi report for Elanco (ELAN)?
Rajeev A. Modi reported an acquisition of 59.2906 deferred stock units linked to Elanco common stock. The units are a compensation-related grant and increase his direct deferred stock unit holdings to 9,641.9274, settling in cash or shares in the future under a company plan.
How many deferred stock units did Modi receive at Elanco (ELAN) and at what value?
Modi received 59.2906 deferred stock units, each with a reference value of $24.91 on 2026-07-24. These units are tied to Elanco common stock and form part of his equity-based compensation, settling later in cash or shares rather than immediately.
What does each deferred stock unit represent at Elanco (ELAN)?
Each deferred stock unit represents the right to receive one share of Elanco common stock or the cash equivalent. The ultimate settlement form, cash or shares, occurs in the future according to the terms of Elanco’s Executive Deferral and Stock Match Plan.
When will the Elanco (ELAN) deferred stock units granted to Modi settle?
The deferred stock units will settle in cash or shares following Modi’s termination of employment or during a specified future year. Settlement timing and form are governed by Elanco’s Executive Deferral and Stock Match Plan, rather than occurring at the grant date.
How many deferred stock units does Modi hold in Elanco (ELAN) after this grant?
After the grant, Modi holds a total of 9,641.9274 deferred stock units directly. This figure includes the newly awarded 59.2906 units and represents his reported deferred equity-based interest tied to Elanco common stock under the company’s compensation and deferral arrangements.