Form 4: Elanco CEO Acquires Deferred Stock Units

Elanco Animal Health CEO Jeffrey N. Simmons acquired 134.1686 deferred stock units, increasing his beneficial ownership to 17,970.3106 units.

Summary

• Jeffrey N. Simmons, President, CEO, and Director of Elanco Animal Health Inc (ELAN), acquired 134.1686 Deferred Stock Units (DSUs).
• The transaction date for the acquisition of these DSUs was October 3, 2025.
• Each DSU represents the right to receive one share of Company common stock or its cash equivalent.
• The price of the derivative security (DSU) was $20.64 per unit.
• Following this transaction, Jeffrey N. Simmons beneficially owns a total of 17,970.3106 derivative securities (DSUs).
• The DSUs settle in cash or shares of Company common stock upon termination of employment or during a specified future year, as per the Executive Deferral and Stock Match Plan.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to increased insider ownership, which generally signals confidence and aligns management's interests with shareholders. However, the relatively small number of units acquired limits the overall positive impact.

Positives

• The acquisition of deferred stock units by the CEO increases his equity stake, aligning management's interests with those of shareholders.
• The transaction is part of a compensation plan, indicating ongoing executive participation in the company's equity.

Future Outlook

The acquired Deferred Stock Units are scheduled to settle in cash or shares of Company 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 filing represents a routine insider equity transaction, common across various industries, where executive compensation includes deferred stock units to align long-term interests with company performance.

Stakeholder Impact

• Shareholders: Increased alignment of the CEO's financial interests with the company's long-term performance, potentially fostering greater confidence.
• Employees: No direct impact mentioned, but executive compensation structures can influence overall company culture and morale.

Next Steps

• The Deferred Stock Units will settle in cash or shares of common stock upon termination of employment or during a specified future year.

Key Dates

Keywords

Elanco Animal Health, ELAN, Jeffrey N Simmons, Deferred Stock Units, DSU, Insider Transaction, Executive Compensation, Equity Grant, SEC Form 4