Elanco (NYSE: ELAN) CEO awarded new deferred stock units as compensation
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.
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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 | 123.8795 | $22.82 | $3K |
Holdings After Transaction:
Deferred Stock Units — 23,919.1498 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: 123.8795 units
Grant date unit value: $22.82 per unit
Deferred stock units held after grant: 23,919.1498 units
+1 more
4 metrics
Deferred stock units granted
123.8795 units
Grant to CEO Jeffrey Simmons on April 3, 2026
Grant date unit value
$22.82 per unit
Reference price for deferred stock unit award
Deferred stock units held after grant
23,919.1498 units
Total direct deferred stock unit balance following transaction
Conversion price
$0.00
Conversion or exercise price for the deferred stock units
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan, Form 4
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) CEO Jeffrey Simmons report in this Form 4 filing?
Jeffrey Simmons reported receiving 123.8795 deferred stock units as a compensation-related grant. These units are tied to Elanco common stock and increase his deferred stock unit holdings to 23,919.1498 units, with settlement occurring in cash or shares at a future time.
Are the Elanco (ELAN) deferred stock units a stock purchase by the CEO?
No, the deferred stock units are a grant, not an open-market stock purchase. They are part of compensation, representing a right to receive Elanco common stock or cash later, rather than a discretionary buy or sell in the market.
How many deferred stock units did the Elanco (ELAN) CEO receive and at what value?
Jeffrey Simmons received 123.8795 deferred stock units, valued at $22.82 per unit on the grant date. These units mirror Elanco common stock value and will convert into shares or cash according to plan terms at settlement.
When will Jeffrey Simmons’ Elanco (ELAN) deferred stock units settle?
The deferred stock units will settle in cash or Elanco common shares after Simmons’ termination of employment or during a specified future year. Settlement timing follows the Company’s Executive Deferral and Stock Match Plan rules described in the filing’s footnotes.
How many deferred stock units in Elanco (ELAN) does the CEO hold after this transaction?
After this grant, Jeffrey Simmons directly holds 23,919.1498 deferred stock units. Each unit represents the right to receive one Elanco common share or the cash equivalent upon future settlement, according to the Company’s deferral plan provisions.