Elanco CEO granted 116.96 deferred stock units
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health President and CEO Jeffrey N. Simmons reported a routine compensation-related transaction involving deferred stock units. He received an award of 116.9603 deferred stock units, each tied to the value of one share of Elanco common stock at a reference price of $24.17 per unit.
After this grant, his reported balance of deferred stock units increased to 24,541.9486 units. According to the plan terms, these units will settle in either cash or Elanco common shares after his employment ends or in a specified future year under the Executive Deferral and Stock Match Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 116.9603 | $24.17 | $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
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Elanco (ELAN) CEO Jeffrey Simmons report in this Form 4?
Is the Elanco (ELAN) Form 4 transaction a stock purchase or sale?
How are the deferred stock units in Elanco (ELAN) CEO’s Form 4 settled?
What is the reference price for the Elanco (ELAN) deferred stock unit grant?
How many deferred stock units does the Elanco (ELAN) CEO hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.