Form 4: Elanco Animal Health Executive Rajeev A. Modi Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Elanco Animal Health's Executive Vice President, Rajeev A. Modi, reports the acquisition of deferred stock units convertible to common stock or cash.
Summary
- On October 18, 2024, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., acquired 106.7556 deferred stock units.
- These units can be settled 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.
- The price of each deferred stock unit is $12.97.
- Following the reported transaction, Modi directly owns 1,951.8725 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not inherently convey 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 the Executive Deferral and Stock Match Plan.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- Shareholders are informed about the executive's holdings in the company.
- The filing provides transparency regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/18/2024 | Date of transaction: Rajeev A. Modi acquired deferred stock units. |
| 10/22/2024 | Date of report filing. |
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