Elanco CEO awarded 115 deferred stock units
Elanco Animal Health Inc reported that President and CEO Jeffrey N. Simmons received a grant of deferred stock units under a compensation plan.
Rhea-AI Filing Summary
Elanco Animal Health Inc reported that President and CEO Jeffrey N. Simmons received a grant of deferred stock units under a compensation plan. The award covers 115.0562 deferred stock units, each linked to one share of Elanco common stock or its cash equivalent at a reference value of $24.57 per unit.
Following this award, Simmons holds a total of 24,657.0048 deferred stock units directly. These units are designed to settle in cash or company shares after his employment ends or in a specified future year, in line with the Executive Deferral and Stock Match Plan, making this a routine, non-market, compensation-related acquisition rather than an open-market purchase.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 115.0562 | $24.57 | $3K |
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
Key Terms
Deferred Stock Units financial
Executive Deferral and Stock Match Plan financial
Form 4 regulatory
FAQ
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What insider transaction did Elanco (ELAN) report for CEO Jeffrey Simmons?
How many deferred stock units does the Elanco (ELAN) CEO hold after this Form 4?
Was the Elanco (ELAN) CEO’s Form 4 transaction a market purchase or sale?
At what reference price were Elanco (ELAN) deferred stock units granted to the CEO?
When will the Elanco (ELAN) CEO’s deferred stock units from this grant settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.