Elanco CEO granted deferred stock units
Elanco Animal Health President and CEO Jeffrey N. Simmons reported an acquisition of deferred stock units as part of his compensation.
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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 110.8583 | $24.98 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Elanco (ELAN) report for Jeffrey Simmons?
What are the key terms of the deferred stock units granted at Elanco (ELAN)?
When do Elanco (ELAN) deferred stock units for Jeffrey Simmons settle?
How many deferred stock units does Elanco (ELAN) CEO hold after this Form 4?
Is the Elanco (ELAN) Form 4 for Jeffrey Simmons a stock purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.