Elanco (NYSE: ELAN) chief accounting officer uses 1,389 shares for tax withholding
Rhea-AI Filing Summary
Elanco Animal Health Inc chief accounting officer James M. Meer reported a tax-related share disposition. On the reported date, he transferred 1,389 shares of Common Stock at $24.88 per share to cover tax withholding obligations, a non-open-market transaction. After this, he directly held 66,732 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,389 shares
Net Sell
1 txn
Insider
Meer James M
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,389 | $24.88 | $35K |
Holdings After Transaction:
Common Stock — 66,732 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) officer James M. Meer report?
James M. Meer reported a disposition of 1,389 shares of Elanco Common Stock. The transaction used shares to satisfy tax withholding obligations, rather than an open-market sale, and was coded as a tax-related payment under transaction code “F.”
Was James M. Meer’s Elanco (ELAN) transaction an open-market sale?
The transaction was not an open-market sale; it was a tax-withholding disposition. Shares were delivered to satisfy tax liabilities, as indicated by transaction code “F” and the description referencing payment of exercise price or tax liability using securities.