Form 4: Elanco Animal Health Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jose Manuel Correia de Simas, an Executive Vice President at Elanco Animal Health, disposed of 4,747 shares of common stock on March 1, 2025, to cover tax obligations.
Summary
- On March 1, 2025, Jose Manuel Correia de Simas, an Executive Vice President at Elanco Animal Health, disposed of 4,747 shares of common stock.
- The transaction was executed at a price of $11.17 per share.
- The disposal was related to covering tax obligations.
- Following the transaction, Correia de Simas directly owns 59,295 shares of Elanco Animal Health Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. They can be driven by various factors, including personal financial planning, diversification, or tax obligations. Monitoring these transactions can provide insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the stock disposal transaction. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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