Elanco (ELAN) director defers fees into 600 Deferred Stock Units
Rhea-AI Filing Summary
Anand Kapila K reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc director K. Anand received an automatic grant of 600.7104 Deferred Stock Units as part of her director compensation. These units reflect cash retainer fees she chose to defer under the Company’s Directors' Deferral Plan, using a grant-date Elanco common stock price of $23.93.
Each Deferred Stock Unit is economically equivalent to one share of Elanco common stock and will be settled in stock when she separates from the Board. Following this award, she holds a total of 9,495.4518 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 | 600.7104 | $23.93 | $14K |
Holdings After Transaction:
Deferred Stock Units — 9,495.4518 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 $23.93 on March 31, 2026.
Key Figures
Deferred Stock Units granted: 600.7104 units
Grant-date share price: $23.93 per share
Deferred Stock Units after transaction: 9,495.4518 units
+2 more
5 metrics
Deferred Stock Units granted
600.7104 units
Director compensation deferral on March 31, 2026
Grant-date share price
$23.93 per share
Elanco common stock closing price on March 31, 2026
Deferred Stock Units after transaction
9,495.4518 units
Total Deferred Stock Units held directly by director after award
Conversion or exercise price
$0.00
Deferred Stock Units issued with zero exercise price
Underlying security
600.7104 common shares equivalent
Each Deferred Stock Unit equals one share of common stock
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."
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?
Elanco director K. Anand reported receiving 600.7104 Deferred Stock Units as director compensation. The units result from deferring cash retainer fees under the company’s Directors' Deferral Plan and are tied to Elanco’s $23.93 share price on March 31, 2026.
How many Deferred Stock Units does the Elanco (ELAN) director hold after this transaction?
After this transaction, director K. Anand holds 9,495.4518 Deferred Stock Units. These units represent deferred director compensation and are economically equivalent to Elanco common stock, to be settled in shares when she leaves the company’s Board of Directors.
How were the 600.7104 Deferred Stock Units for Elanco (ELAN) calculated?
The 600.7104 Deferred Stock Units were calculated by dividing the deferred cash compensation by Elanco’s closing common stock price. The price used was $23.93 on March 31, 2026, as specified in the company’s Directors' Deferral Plan documentation.