Board member gets 563 deferred stock units at Elevance Health (NYSE: ELV)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Neri Antonio F reported acquisition or exercise transactions in this Form 4 filing.

Elevance Health, Inc. director Antonio F. Neri reported receiving a grant of 563 deferred stock units of common stock on May 13, 2026. These units were awarded at no cash cost under the company’s Board of Directors Compensation Program, increasing his direct holdings to 5,488 shares.

The deferred stock units will be settled in Elevance Health common stock upon the earlier of five years from the grant date or when he leaves the board, unless he has elected a later payout date under the Board of Directors Deferred Compensation Plan. This is a routine, compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Neri Antonio F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	563	$0.00	--

Holdings After Transaction: Common Stock — 5,488 shares (Direct, null)

Footnotes (1)

Deferred stock units accrued under the Elevance Health, Inc. ("Company") Board of Directors Compensation Program. The deferred stock units shall be payable in Company common stock upon the first to occur of (a) five years from the date of grant or (b) the date the Reporting Person ceases to be a member of the Company's board of directors, unless a later date is designated in the Reporting Person's election made under the Company's Board of Directors Deferred Compensation Plan.

Key Figures

Deferred stock units granted: 563 units Grant price per unit: $0.0000 per share Shares held after transaction: 5,488 shares +1 more

4 metrics

Deferred stock units granted 563 units Grant to director Antonio F. Neri on May 13, 2026

Grant price per unit $0.0000 per share Compensation-related equity award, not an open-market purchase

Shares held after transaction 5,488 shares Direct holdings of Elevance Health common stock following the award

Deferral period 5 years Units payable in stock after five years or upon board departure, whichever occurs first

Key Terms

Deferred stock units, Board of Directors Compensation Program, Board of Directors Deferred Compensation Plan

3 terms

Deferred stock units financial

"Deferred stock units accrued under the Elevance Health, Inc. Board of Directors Compensation Program."

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.

Board of Directors Compensation Program financial

"Deferred stock units accrued under the Elevance Health, Inc. Board of Directors Compensation Program."

Board of Directors Deferred Compensation Plan financial

"Election made under the Company's Board of Directors Deferred Compensation Plan."

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 04:14 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neri Antonio F

(Last)

(First)

(Middle)

220 VIRGINIA AVENUE

(Street)

INDIANAPOLIS

INDIANA

46204

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Elevance Health, Inc. [ ELV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/13/2026		A		563⁽¹⁾⁽²⁾	A	$0	5,488	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Deferred stock units accrued under the Elevance Health, Inc. ("Company") Board of Directors Compensation Program.

2. The deferred stock units shall be payable in Company common stock upon the first to occur of (a) five years from the date of grant or (b) the date the Reporting Person ceases to be a member of the Company's board of directors, unless a later date is designated in the Reporting Person's election made under the Company's Board of Directors Deferred Compensation Plan.

Remarks:

	/s/ Kathleen S. Kiefer, Attorney in fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Elevance Health (ELV) report for Antonio F. Neri?

Elevance Health reported that director Antonio F. Neri received 563 deferred stock units of common stock as a compensation-related grant. The award was coded as a grant or other acquisition, with no cash price paid for the units.

How many Elevance Health (ELV) shares does Antonio F. Neri hold after this Form 4?

After the grant of 563 deferred stock units, Antonio F. Neri is shown holding 5,488 shares of Elevance Health common stock directly. This figure reflects his position immediately following the reported award on May 13, 2026.

At what price were Antonio F. Neri’s Elevance Health (ELV) stock units granted?

The 563 deferred stock units granted to Antonio F. Neri carried a reported transaction price of $0.0000 per share. This indicates they were issued as a compensation award rather than purchased in the open market for cash consideration.

When will Antonio F. Neri receive Elevance Health (ELV) shares from these deferred stock units?

The deferred stock units will be paid in Elevance Health common stock on the earlier of five years from the grant date or when he leaves the board, unless he elected a later payout date under the Board of Directors Deferred Compensation Plan.

What is a deferred stock unit in the context of Elevance Health (ELV)?

A deferred stock unit is a promise to deliver company common stock at a future date rather than immediately. For Elevance Health directors, these units accrue under the Board of Directors Compensation Program and are later settled in common stock under defined timing rules.