Form 4: Elanco Animal Health Executive Timothy Bettington Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Executive Vice President Timothy J. Bettington of Elanco Animal Health Inc. reports the disposal of 3,514 shares of common stock to cover tax obligations.

Summary

  • On March 1, 2025, Timothy J. Bettington, an Executive Vice President at Elanco Animal Health Inc., disposed of 3,514 shares of common stock.
  • The transaction was executed to satisfy tax obligations, with the shares being disposed of at a price of $11.17 per share.
  • Following the transaction, Bettington directly owns 102,873 shares of Elanco Animal Health Inc. common stock.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing represents a routine transaction for tax purposes and doesn't indicate a significant change in the executive's position or outlook on the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction for tax obligation fulfillment and doesn't necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes and does not significantly alter the executive's stake in the company.

Key Dates

DateDescription
May 14, 2024Date of Power of Attorney execution.
03/01/2025Date of stock disposal transaction.
03/04/2025Date of Form 4 signature.

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