Elanco (ELAN) CFO receives new deferred stock unit award
Rhea-AI Filing Summary
VanHimbergen Robert M reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health EVP and CFO Robert M. VanHimbergen received a grant of 8.7526 deferred stock units, each tied to one share of common stock at a reference value of $22.51. After this compensation award, he holds 74.4993 deferred stock units in total.
The deferred stock units represent the right to receive either cash or Elanco common stock in the future. They generally settle after employment ends or in a specified future year under the company’s Executive Deferral and Stock Match Plan, rather than being an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VanHimbergen Robert M
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 8.7526 | $22.51 | $197.02 |
Holdings After Transaction:
Deferred Stock Units — 74.4993 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: 8.7526 units
Reference value per unit: $22.51
Total deferred stock units after grant: 74.4993 units
3 metrics
Deferred stock units granted
8.7526 units
Grant to EVP and CFO Robert M. VanHimbergen
Reference value per unit
$22.51
Value per deferred stock unit on grant date
Total deferred stock units after grant
74.4993 units
CFO’s holdings following this transaction
Key Terms
Deferred Stock Units, Executive Deferral and Stock Match Plan, Common Stock
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."
Common Stock financial
"Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elanco (ELAN) CFO Robert VanHimbergen report in this Form 4?
He reported receiving 8.7526 deferred stock units as compensation. These units are linked to Elanco common stock at a reference value of $22.51 per unit and increase his total deferred stock unit holdings to 74.4993.
Is the Elanco (ELAN) CFO’s transaction a stock purchase or sale?
No, the transaction is a grant of deferred stock units, not a market buy or sale. It reflects compensation awarded by the company and will settle in cash or shares at a later date under plan terms.
How many deferred stock units does the Elanco (ELAN) CFO hold after this grant?
After the grant, he holds 74.4993 deferred stock units in total. Each unit represents the right to receive either one Elanco common share or the cash equivalent in the future under the company’s deferral plan.
At what value were the new Elanco (ELAN) deferred stock units recorded?
The 8.7526 newly granted deferred stock units were recorded at $22.51 per unit. This amount is a reference value used for the award and does not represent an open-market purchase price paid by the executive.
When will the Elanco (ELAN) CFO’s deferred stock units be settled?
They will settle in cash or Elanco common stock after employment ends or in a specified future year. Settlement timing is governed by the company’s Executive Deferral and Stock Match Plan provisions, rather than by short-term trading decisions.