Elanco (NYSE: ELAN) CFO receives deferred stock unit award
Rhea-AI Filing Summary
Elanco Animal Health executive vice president and CFO Robert M. VanHimbergen reported a compensation-related grant of deferred stock units. He acquired 9.485 deferred stock units tied to Company common stock, bringing his direct holding in this award type to 40.5769 units. Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent, settling in cash or shares after employment ends or in a specified future year under the 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 | 9.485 | $23.36 | $221.57 |
Holdings After Transaction:
Deferred Stock Units — 40.5769 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 CFO Robert M. VanHimbergen?
Elanco reported that CFO Robert M. VanHimbergen received a grant of deferred stock units. The award is a form of compensation linked to Company common stock and is not an open-market stock purchase or sale.
How many deferred stock units did the Elanco CFO receive in this Form 4?
The Elanco CFO received 9.485 deferred stock units in this transaction. These units are tied to Company common stock and increase his direct holding of this type of award to a total of 40.5769 deferred stock units.
What are deferred stock units in Elanco (ELAN) executive compensation?
Deferred stock units are compensation awards that track Company common stock. Each unit gives the right to receive one share of Elanco common stock or the cash equivalent, according to the terms of the Executive Deferral and Stock Match Plan.
When will the Elanco CFO’s deferred stock units reported on Form 4 be settled?
The deferred stock units will be settled in cash or shares after employment ends or during a specified future year. Settlement timing follows the choices and rules in Elanco’s Executive Deferral and Stock Match Plan, rather than occurring immediately.
How many total deferred stock units does the Elanco CFO hold after this grant?
After this grant, the Elanco CFO directly holds 40.5769 deferred stock units. Each unit corresponds to one share of Company common stock or its cash equivalent, to be settled at a future date under the plan’s terms.