Elanco CEO receives deferred stock unit grant
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Simmons Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health Inc President and CEO Jeffrey N. Simmons received a grant of 123.8795 deferred stock units on Company common stock. These units were valued at $22.82 per unit on the grant date and increase his directly held deferred stock unit balance to 23,919.1498 units.
Each deferred stock unit represents the right to receive one share of Elanco common stock or the cash equivalent. The units will settle in cash or shares following Simmons’ termination of employment or in a specified future year under the Company’s Executive Deferral and Stock Match Plan, making this a routine, compensation-related award rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 123.8795 | $22.82 | $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
Form 4 regulatory
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 filing?
Are the Elanco (ELAN) deferred stock units a stock purchase by the CEO?
How many deferred stock units did the Elanco (ELAN) CEO receive and at what value?
When will Jeffrey Simmons’ Elanco (ELAN) deferred stock units settle?
How many deferred stock units in Elanco (ELAN) does the CEO hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.