Elanco (NYSE: ELAN) CEO receives new deferred stock unit grant
Rhea-AI Filing Summary
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc reported that President, CEO and Director Jeffrey N. Simmons received a grant of 119.3805 deferred stock units on April 17, 2026 at a reference price of $23.68 per unit. Following this award, he holds 24,038.5303 deferred stock units directly.
Each deferred stock unit represents the right to receive one share of Elanco common stock or the cash equivalent. These units will settle in cash or shares after Simmons’ employment ends or in a specified future year under the company’s Executive Deferral and Stock Match Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simmons Jeffrey N
Role
PRESIDENT, CEO AND DIRECTOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 119.3805 | $23.68 | $3K |
Holdings After Transaction:
Deferred Stock Units — 24,038.5303 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: 119.3805 units
Reference price per unit: $23.68
Total deferred stock units after grant: 24,038.5303 units
+1 more
4 metrics
Deferred stock units granted
119.3805 units
Grant to Jeffrey N. Simmons on April 17, 2026
Reference price per unit
$23.68
Value used for deferred stock unit award
Total deferred stock units after grant
24,038.5303 units
Holdings of Jeffrey N. Simmons following transaction
Conversion ratio
1 unit : 1 share
Each deferred stock unit equals one Elanco common share or cash equivalent
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan
2 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent."
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
"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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) report for Jeffrey N. Simmons?
Elanco reported that President and CEO Jeffrey N. Simmons received 119.3805 deferred stock units as a compensation award. Each unit tracks the value of one Elanco common share and increases his total deferred stock unit holdings to 24,038.5303 units, held directly.
What are deferred stock units in the Elanco (ELAN) Form 4 filing?
Deferred stock units are a form of compensation giving the right to receive one Elanco common share or its cash equivalent. They do not pay out immediately but settle later, typically after employment ends or in a preselected future year, aligning management with shareholder value.
When will Jeffrey N. Simmons’ Elanco (ELAN) deferred stock units settle?
The deferred stock units will settle in cash or Elanco common shares following termination of Jeffrey N. Simmons’ employment or during a specified future year. Settlement timing is governed by the company’s Executive Deferral and Stock Match Plan election and plan rules.
How many deferred stock units does the Elanco (ELAN) CEO hold after this grant?
After receiving 119.3805 new deferred stock units, Elanco CEO Jeffrey N. Simmons holds a total of 24,038.5303 deferred stock units directly. Each unit is economically equivalent to one share of Elanco common stock, paid in cash or stock at a future settlement date.
What is the reference price for the new Elanco (ELAN) deferred stock units?
The new deferred stock units granted to Jeffrey N. Simmons use a reference price of $23.68 per unit. This price reflects the value used to calculate the number of units awarded and ties the grant’s economic value to Elanco’s common stock performance over time.