Form 4: Elanco Animal Health Executive Rajeev A. Modi Reports Stock Disposal
SEC Form 4 Filing
Rajeev A. Modi, an executive at Elanco Animal Health, reported disposing of 6,557 shares of common stock to cover tax obligations.
Summary
- On March 1, 2025, Rajeev A. Modi, an Executive Vice President at Elanco Animal Health Inc., disposed of 6,557 shares of common stock.
- The transaction was executed at a price of $11.17 per share.
- Following the transaction, Modi directly owns 88,062 shares of Elanco Animal Health Inc.
- The disposal was likely to cover tax obligations related to vesting of stock or equity awards.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. It allows the public to see when executives are buying or selling shares in their own companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction |
| 03/04/2025 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.