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 convertible to common stock.

Summary

• On April 4, 2025, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., acquired deferred stock units.
• These deferred stock units represent the right to receive one share of Elanco common stock or the cash equivalent.
• The transaction involved 154.6033 deferred stock units.
• Following the reported transaction, Modi directly owns 5,732.6093 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: 7

Explanation: The document is a neutral report of an executive's stock acquisition, indicating alignment with company performance. It's a standard practice, so the sentiment is moderately positive.

Positives

• The acquisition of deferred stock units aligns the executive's interests with the company's long-term performance.
• The Executive Deferral and Stock Match Plan incentivizes executives to remain with the company.

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 filing is a routine disclosure related to executive compensation and is common in the animal health industry.

Stakeholder Impact

• The acquisition of deferred stock units by an executive can positively influence shareholder confidence by aligning management's interests with company performance.

Key Dates

Keywords

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