Form 4: Elanco CEO Acquires Deferred Stock Units

Elanco Animal Health CEO Jeffrey N. Simmons acquired 122.5327 deferred stock units, increasing his beneficial ownership to 18,727.5311 units.

Summary

• Jeffrey N. Simmons, President, CEO, and Director of Elanco Animal Health Inc., acquired deferred stock units.
• The transaction occurred on December 26, 2025.
• Simmons acquired 122.5327 deferred stock units (DSUs).
• Each DSU represents the right to receive one share of Company common stock or its cash equivalent.
• The price of the derivative security was $22.6 per unit.
• Following this transaction, Simmons beneficially owns a total of 18,727.5311 deferred stock units.
• These DSUs are scheduled to settle in cash or shares of common stock following termination of employment or during a specified future year, in accordance with the Executive Deferral and Stock Match Plan.

Sentiment

Score: 7

Explanation: The acquisition of deferred stock units by the CEO, while part of a compensation plan, generally indicates continued alignment of executive interests with the company's long-term performance, which is a positive signal for stakeholders.

Positives

• CEO Jeffrey N. Simmons increased his beneficial ownership in the company by acquiring 122.5327 deferred stock units.
• This transaction aligns management's interests with shareholders, as deferred stock units convert to common stock or a cash equivalent, linking executive compensation to future company performance.

Future Outlook

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 Form 4 filing details a routine executive compensation event, specifically the acquisition of deferred stock units by a key executive. Such transactions are common across industries as a means of aligning management incentives with long-term company performance and shareholder value.

Stakeholder Impact

• Shareholders: Increased alignment of the CEO's financial interests with the long-term performance of the company, potentially fostering greater confidence in management's commitment to value creation.

Next Steps

• Deferred stock units will settle in cash or shares of Company common stock following termination of employment or during a specified future year.

Key Dates

Keywords

Elanco, ELAN, Form 4, insider transaction, deferred stock units, CEO, Jeffrey Simmons, beneficial ownership, executive compensation