Elanco (NYSE: ELAN) CFO receives new deferred stock unit grant
Rhea-AI Filing Summary
VanHimbergen Robert M reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health EVP and CFO Robert M. VanHimbergen received a grant of 7.6217 deferred stock units at a reference price of $24.98 per unit. This award increases his directly held deferred stock units to 31.0919. Each unit represents the right to receive one share of Elanco common stock or the cash equivalent, settling after 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
VanHimbergen Robert M
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 7.6217 | $24.98 | $190.39 |
Holdings After Transaction:
Deferred Stock Units — 31.0919 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) report for Robert M. VanHimbergen?
Elanco reported that EVP and CFO Robert M. VanHimbergen received 7.6217 deferred stock units. These units were granted at a reference price of $24.98 each, increasing his directly held deferred stock units to 31.0919 under the company’s long-term incentive framework.
What are deferred stock units in the Elanco (ELAN) executive plan?
Each Elanco deferred stock unit represents the right to receive one share of company common stock or the cash equivalent. These units function as a form of long-term compensation that tracks share value but typically do not pay out until a future settlement event.
When will Robert M. VanHimbergen’s Elanco (ELAN) deferred stock units settle?
The deferred stock units settle in cash or Elanco common stock following termination of employment or during a specified future year. Settlement timing follows the terms of Elanco’s Executive Deferral and Stock Match Plan governing these awards.
How many deferred stock units does the Elanco (ELAN) CFO hold after this grant?
After the latest grant, Elanco’s EVP and CFO Robert M. VanHimbergen directly holds 31.0919 deferred stock units. This reflects the addition of 7.6217 units awarded at a reference price of $24.98 per unit as part of his compensation.
Does the Elanco (ELAN) deferred stock unit grant involve an open-market buy or sell?
The reported Elanco transaction is a grant of deferred stock units, not an open-market purchase or sale. It is categorized as a grant, award, or other acquisition issued as part of the company’s executive compensation arrangements.