Elanco (ELAN) CEO Jeffrey Simmons receives deferred stock unit grant
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.
Positive
- None.
Negative
- None.
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 | 116.9603 | $24.17 | $3K |
Holdings After Transaction:
Deferred Stock Units — 24,541.9486 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: 116.9603 units
Grant reference price: $24.1700 per unit
Deferred stock units after grant: 24,541.9486 units
+2 more
5 metrics
Deferred stock units granted
116.9603 units
Grant of deferred stock units on June 12, 2026
Grant reference price
$24.1700 per unit
Price used for the deferred stock unit award
Deferred stock units after grant
24,541.9486 units
Total deferred stock units following the transaction
Transaction code
A (grant, award, or other acquisition)
SEC Form 4 transaction characterization
Transaction direction
acquire
Compensation-related acquisition of derivative units
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan, Common Stock
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."
Common Stock financial
"Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) CEO Jeffrey Simmons report in this Form 4?
Jeffrey N. Simmons reported receiving 116.9603 deferred stock units as part of his compensation. These units are linked to Elanco common stock and increase his total deferred stock unit holdings to 24,541.9486 units under the company’s Executive Deferral and Stock Match Plan.
Is the Elanco (ELAN) Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition coded as a grant or award, not a market purchase or sale. Simmons received 116.9603 deferred stock units as compensation, rather than buying or selling shares in the open market, making this a routine incentive-related transaction.
How are the deferred stock units in Elanco (ELAN) CEO’s Form 4 settled?
Each deferred stock unit represents the right to receive one Elanco common share or the cash equivalent. Settlement occurs after termination of employment or in a specified future year, in line with the company’s Executive Deferral and Stock Match Plan terms described in the filing footnotes.
What is the reference price for the Elanco (ELAN) deferred stock unit grant?
The deferred stock unit grant to Jeffrey N. Simmons uses a reference price of $24.17 per unit. This price is applied to 116.9603 units, helping determine the grant’s notional value even though the units will ultimately settle in either shares or cash.
How many deferred stock units does the Elanco (ELAN) CEO hold after this grant?
Following the reported grant, Jeffrey N. Simmons holds a total of 24,541.9486 deferred stock units. This total reflects his accumulated awards under Elanco’s Executive Deferral and Stock Match Plan and represents rights to future cash or share-settled compensation tied to Elanco common stock.