Elanco (NYSE: ELAN) legal chief buys 3,998 company shares
Rhea-AI Filing Summary
Elanco Animal Health Inc (ELAN) reported that officer Shiv O'Neill, General Counsel and Corporate Secretary, purchased 3,998 shares of common stock on 2026-08-18 at $23.58 per share in an open-market or private transaction. After this trade, O'Neill directly holds 87,832 shares of Elanco common stock. The transaction was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,998 shares
Net Buy
1 txn
Insider
O'Neill Shiv
Role
GC AND CORP SEC
Bought
3,998 shs ($94K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,998 | $23.58 | $94K |
Holdings After Transaction:
Common Stock — 87,832 shares (Direct)
Key Figures
Shares purchased: 3,998 shares
Purchase price per share: $23.58 per share
Shares owned after transaction: 87,832 shares
3 metrics
Shares purchased
3,998 shares
Common stock purchased on 2026-08-18
Purchase price per share
$23.58 per share
Price for the 2026-08-18 common stock purchase
Shares owned after transaction
87,832 shares
Direct common stock holdings following the reported trade
Key Terms
Rule 10b5-1, open-market or private transaction, beneficial ownership
3 terms
Rule 10b5-1 regulatory
"The transaction was not made pursuant to a Rule 10b5-1 trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market or private transaction market
"transaction code description shows a purchase in an open-market or private transaction."
beneficial ownership financial
"direct holdings reflect the insider’s beneficial ownership of common stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did ELAN report for Shiv O'Neill?
Elanco (ELAN) reported that officer Shiv O'Neill bought 3,998 shares of common stock on 2026-08-18 at $23.58 per share. This was an open-market or private purchase and increased O'Neill’s direct holdings.
Was the recent ELAN insider trade under a Rule 10b5-1 plan?
No. The filing for Elanco (ELAN) indicates the Rule 10b5-1 checkbox is not marked, meaning this transaction was not affirmed as executed under a Rule 10b5-1 trading plan, but rather reported as a regular open-market or private purchase.
What role does Shiv O'Neill hold at Elanco (ELAN)?
According to the filing, Shiv O'Neill is an officer of Elanco (ELAN) serving as General Counsel and Corporate Secretary. The reported 3,998-share purchase reflects trading activity in that executive capacity with direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.