Form 4: Elanco Animal Health Executive Rajeev A. Modi Reports Acquisition of Deferred Stock Units

Rajeev A. Modi, an Executive Vice President at Elanco Animal Health, reported the acquisition of deferred stock units on February 7, 2025.

Summary

• On February 7, 2025, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., acquired deferred stock units representing the right to receive one share of Elanco common stock or the cash equivalent.
• The transaction involved 120.1927 deferred stock units at a price of $11.52 each.
• Following the reported transaction, Modi directly owns 2,850.8169 shares of Elanco common stock.
• These deferred stock units settle in cash or shares of common stock following termination of employment or during a specified future year in accordance with the Executive Deferral and Stock Match Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Future Outlook

The deferred stock units will settle in cash or shares of common stock following termination of employment or during a specified future year in accordance with the 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 like Elanco Animal Health. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Elanco Animal Health, Rajeev A. Modi, deferred stock units, Form 4, beneficial ownership, executive compensation, ELAN