Form 4: Elanco Animal Health Director Michael J. Harrington Acquires 3,500 Shares
SEC Form 4
Director Michael J. Harrington of Elanco Animal Health Inc. purchased 3,500 shares of common stock on August 22, 2024.
Summary
- On August 22, 2024, Michael J. Harrington, a director of Elanco Animal Health Inc., acquired 3,500 shares of the company's common stock.
- The purchase price was $14.8498 per share.
- Following the transaction, Harrington directly owns 81,094 shares of Elanco Animal Health Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and may not be highly significant.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: Michael J. Harrington purchased 3,500 shares of Elanco Animal Health Inc. common stock. |
| 08/26/2024 | Date of signature on the Form 4 filing. |
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