Form 4: Elanco Animal Health Executive Acquires Deferred Stock Units

Rajeev A. Modi, an Executive Vice President at Elanco Animal Health, acquired deferred stock units representing the right to receive common stock or cash equivalent.

Summary

• On March 21, 2025, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., acquired 134.3419 deferred stock units.
• These deferred stock units represent the right to receive one share of Elanco common stock or the cash equivalent.
• The price of the derivative security is $10.53.
• Following the transaction, Modi directly owns 5,578.006 shares of Elanco common stock.
• The deferred stock units will settle in cash or shares of Elanco common stock following termination of employment or during a specified future year, according to the Executive Deferral and Stock Match Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock unit acquisition, with no inherent positive or negative implications.

Future Outlook

The deferred stock units will 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.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects changes in executive compensation and ownership.

Key Dates

Keywords

Elanco Animal Health, Rajeev A. Modi, Deferred Stock Units, Form 4, Executive Compensation, Beneficial Ownership, ELAN