Elanco (NYSE: ELAN) officer Modi buys shares and receives deferred stock units
Rhea-AI Filing Summary
Elanco Animal Health officer Rajeev A. Modi bought 4,911 shares of common stock in an open-market purchase at $20.35 per share, bringing his direct holdings to 160,812 shares. He also received a grant of 74.3671 deferred stock units, each tied to one share or its cash equivalent, which settle after employment ends or in a specified future year.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,911 shares
Net Buy
2 txns
Insider
Modi Rajeev A.
Role
SEE REMARKS
Bought
4,911 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 74.3671 | $19.86 | $1K |
| Purchase | Common Stock | 4,911 | $20.35 | $100K |
Holdings After Transaction:
Deferred Stock Units — 9,339.9884 shares (Direct);
Common Stock — 160,812 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
Open-market purchase: 4,911 shares
Purchase price: $20.35 per share
Shares held after trade: 160,812 shares
+3 more
6 metrics
Open-market purchase
4,911 shares
Common stock bought at $20.35 on May 15, 2026
Purchase price
$20.35 per share
Open-market common stock transaction
Shares held after trade
160,812 shares
Direct common stock holdings after purchase
Deferred stock unit grant
74.3671 units
Derivative award linked to common stock
Deferred units value basis
$19.86 per unit
Reference price for deferred stock units
Deferred units after grant
9,339.9884 units
Total deferred stock units held
Key Terms
Deferred Stock Units, open-market purchase, Executive Deferral and Stock Match Plan, grant/award acquisition
4 terms
Deferred Stock Units financial
"The security title for the derivative transaction is "Deferred Stock Units"."
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.
open-market purchase financial
"The common stock transaction is described as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Executive Deferral and Stock Match Plan financial
"Deferred stock units settle in accordance with Executive Deferral and Stock Match Plan."
grant/award acquisition financial
"The deferred stock unit transaction action is classified as grant/award acquisition."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Elanco (ELAN) officer Rajeev A. Modi report?
Rajeev A. Modi reported buying 4,911 Elanco common shares in the open market and receiving 74.3671 deferred stock units. These transactions increased both his direct share ownership and his deferred equity-based compensation position.
What are the deferred stock units granted to Rajeev A. Modi at Elanco (ELAN)?
He received 74.3671 deferred stock units, each representing the right to one Elanco share or the cash equivalent. These units settle in cash or shares after employment ends or in a specified future year under the Executive Deferral and Stock Match Plan.
How many deferred stock units does Rajeev A. Modi hold after this Elanco (ELAN) grant?
Following the grant, Rajeev A. Modi holds 9,339.9884 deferred stock units. These units are a form of deferred compensation linked to Elanco common stock, settled later in cash or shares according to plan terms.