Deferred stock grant adds to Eli Lilly (NYSE: LLY) director holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ELI LILLY & Co director Juan R. Luciano received a grant of 14.0937 shares of common stock at $1,129.35 per share. At his election, this award has been deferred as stock units under the Lilly Directors' Deferral Plan and will be settled in shares after his separation from service. Following this compensation-related acquisition, his direct holdings total 16,890.7141 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LUCIANO JUAN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14.094 | $1,129.35 | $16K |
Holdings After Transaction:
Common Stock — 16,890.714 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 14.0937 shares
Grant price per share: $1,129.35 per share
Holdings after transaction: 16,890.7141 shares
3 metrics
Shares granted
14.0937 shares
Common stock award elected as deferred stock units
Grant price per share
$1,129.35 per share
Value used for the 14.0937-share director grant
Holdings after transaction
16,890.7141 shares
Total direct Eli Lilly common stock held by Luciano after the award
Key Terms
Lilly Directors' Deferral Plan, stock units, deferred in lieu of cash compensation, separation from service
4 terms
Lilly Directors' Deferral Plan financial
"as stock units under the Lilly Directors' Deferral Plan and will be settled"
stock units financial
"deferred in lieu of cash compensation as stock units under the Lilly"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred in lieu of cash compensation financial
"shares acquired pursuant to this filing have been deferred in lieu of cash compensation"
separation from service financial
"will be settled in shares of common stock following the reporting person's separation from service"
FAQ
What insider transaction did Juan R. Luciano report at Eli Lilly (LLY)?
Juan R. Luciano reported receiving a grant of Eli Lilly common stock as compensation. The award covers 14.0937 shares, structured as deferred stock units, and will be settled in actual shares of common stock after he separates from service as a director.
What is the Lilly Directors' Deferral Plan mentioned in the Luciano Form 4?
The Lilly Directors' Deferral Plan allows directors to defer cash compensation into stock units. In this case, Luciano elected to receive stock units instead of cash, which will later be settled in Eli Lilly common shares following his separation from service as a director.
Does this Eli Lilly (LLY) Form 4 reflect an open-market purchase or sale?
The Form 4 reflects a grant or award acquisition, not an open-market trade. Luciano received 14.0937 shares as deferred stock-based compensation, coded as an "A" transaction, rather than buying or selling shares on the open market.
What are Juan R. Luciano’s direct Eli Lilly holdings after this transaction?
After the reported grant, Juan R. Luciano directly holds 16,890.7141 Eli Lilly common shares. This figure reflects his ownership following the 14.0937-share compensation award that has been deferred into stock units under the Lilly Directors' Deferral Plan.