Elanco (ELAN) CEO Jeffrey Simmons awarded new deferred stock units
Rhea-AI Filing Summary
Elanco Animal Health President and CEO Jeffrey N. Simmons reported an acquisition of deferred stock units as part of his compensation. He received 110.8583 deferred stock units on Company common stock at a reference price of $24.98 per unit, described as a grant or award. After this award, his direct holdings of deferred stock units total 19,179.7639 units. Each deferred stock unit represents the right to receive one share of Elanco common stock or the cash equivalent, and they settle in cash or shares following termination of employment or in a specified future year under the Executive Deferral and Stock Match Plan.
Positive
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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 | 110.8583 | $24.98 | $3K |
Holdings After Transaction:
Deferred Stock Units — 19,179.7639 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Elanco (ELAN) report for Jeffrey Simmons?
Elanco (ELAN) reported that President and CEO Jeffrey N. Simmons acquired 110.8583 deferred stock units as a grant or award. These units are part of his compensation and increase his total deferred stock unit holdings to 19,179.7639 units.
What are the key terms of the deferred stock units granted at Elanco (ELAN)?
Each Elanco deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent. The units were granted at a reference price of $24.98 and are structured as a compensation award to the President and CEO.
When do Elanco (ELAN) deferred stock units for Jeffrey Simmons settle?
Elanco deferred stock units for Jeffrey N. Simmons settle in cash or Company common stock after termination of employment or in a specified future year. Settlement timing is determined under the Executive Deferral and Stock Match Plan’s provisions.
How many deferred stock units does Elanco (ELAN) CEO hold after this Form 4?
After this transaction, Elanco President and CEO Jeffrey N. Simmons directly holds 19,179.7639 deferred stock units. This total reflects the newly granted 110.8583 units added to his prior balance, as disclosed in the Form 4 filing.
Is the Elanco (ELAN) Form 4 for Jeffrey Simmons a stock purchase or a compensation award?
The Elanco Form 4 for Jeffrey N. Simmons reflects a compensation-related grant, not an open-market stock purchase. The transaction code is “A,” described as a grant, award, or other acquisition of deferred stock units tied to Company common stock.