Form 4: Elanco Animal Health Executive James M. Meer Reports Stock Transactions and Correction

Sentiment:

SEC Form 4 Filing


James M. Meer, Chief Accounting Officer of Elanco Animal Health, reports acquisition of shares and a disposition to cover tax obligations, along with a correction to a previous filing.

Summary

  • James M. Meer, the Chief Accounting Officer of Elanco Animal Health Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On February 19, 2025, Meer acquired 7,825 shares of Elanco common stock.
  • Also on February 19, 2025, Meer disposed of 2,691 shares at a price of $11.24 to cover tax obligations.
  • Following these transactions, Meer directly owns 49,462 shares of Elanco common stock.
  • The filing also includes a correction to a previous Form 4 filed on March 6, 2023, which inadvertently overstated the reporting person's direct Performance Stock Units by 4,445 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions and a correction, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
2023/03/06Date of original Form 4 filing that contained an error.
2025/02/19Date of stock acquisition and disposition.
2025/02/21Date of signature for the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Elanco Animal Health, Stock Transaction, Insider Trading, Meer James M, Correction

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