Elanco (ELAN) CEO Jeffrey Simmons receives 115 deferred stock units grant
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.
Positive
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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 | 115.0562 | $24.57 | $3K |
Holdings After Transaction:
Deferred Stock Units — 24,657.0048 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: 115.0562 units
Reported value per unit: $24.57 per unit
Deferred stock units after grant: 24,657.0048 units
+1 more
4 metrics
Deferred stock units granted
115.0562 units
Grant to CEO on June 26, 2026
Reported value per unit
$24.57 per unit
Reference price for deferred stock units
Deferred stock units after grant
24,657.0048 units
CEO’s total direct deferred stock units post-transaction
Conversion price
$0.00
Conversion or exercise price for deferred stock units
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan, Form 4
3 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."
Form 4 regulatory
"This compensation-related acquisition was reported on a Form 4 insider trading report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) report for CEO Jeffrey Simmons?
Elanco reported that CEO Jeffrey Simmons received 115.0562 deferred stock units as a compensation-related grant. Each unit tracks one share of common stock or its cash equivalent, settling in the future under the Executive Deferral and Stock Match Plan, not through an immediate market trade.
How many deferred stock units does the Elanco (ELAN) CEO hold after this Form 4?
After this grant, Jeffrey Simmons holds 24,657.0048 deferred stock units directly. These units represent future rights tied to Elanco common stock or cash, and they are scheduled to settle after employment ends or in a designated future year under the company’s deferral plan.
Was the Elanco (ELAN) CEO’s Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was an acquisition coded “A,” meaning a grant or award of 115.0562 deferred stock units as part of compensation, with no open-market buying or selling involved in this particular Form 4 filing.
At what reference price were Elanco (ELAN) deferred stock units granted to the CEO?
The 115.0562 deferred stock units were reported with a value of $24.57 per unit. This figure reflects the price per underlying share used for reporting purposes on the Form 4 and helps quantify the size of the compensation-related award to the CEO.
When will the Elanco (ELAN) CEO’s deferred stock units from this grant settle?
The deferred stock units are set to settle in cash or Elanco common shares after the CEO’s employment terminates or during a specified future year. Settlement timing follows the terms of Elanco’s Executive Deferral and Stock Match Plan described in the Form 4 footnotes.