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 November 1, 2024.

Summary

• On November 1, 2024, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., reported acquiring deferred stock units.
• The transaction involved 109.8905 deferred stock units, each representing the right to receive one share of Elanco common stock or the cash equivalent.
• These deferred stock units will settle in cash or shares of common stock following termination of employment or during a specified future year, according to the Executive Deferral and Stock Match Plan.
• Following the reported transaction, Modi directly owns 2,061.763 derivative securities.
• The price of the derivative security is $12.6.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

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 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 regarding the holdings of company insiders.

Stakeholder Impact

• Shareholders are informed about executive compensation and ownership changes.
• Employees may be interested in the details of the Executive Deferral and Stock Match Plan.

Key Dates