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 July 12, 2024.

Summary

• On July 16, 2024, a Form 4 filing with the SEC detailed a transaction by Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc.
• The filing reports the acquisition of 100.2621 deferred stock units on July 12, 2024, at a price of $13.81 per unit.
• Following the transaction, Modi directly owns 1,251.9515 shares of Elanco Animal Health common stock.
• The 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.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding stock ownership, indicating a neutral 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, according to the Executive Deferral and Stock Match Plan.

Industry Context

This filing is a routine disclosure of executive compensation and stock ownership, common in the animal health industry.

Stakeholder Impact

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

Key Dates