Form 4: Rajeev A. Modi Acquires Elanco Deferred Stock Units
Statement of Changes in Beneficial Ownership
Elanco Animal Health executive Rajeev A. Modi acquired 62.3704 deferred stock units as part of a company compensation plan.
Summary
- Rajeev A. Modi, Executive Vice President of U.S. Pet Health and Global Digital Transformation, acquired 62.3704 deferred stock units.
- The transaction occurred on April 17, 2026, at a price of $23.68 per unit.
- Following this transaction, the reporting person holds a total of 9,200.0091 units.
- These units represent the right to receive common stock or cash equivalent upon termination or a specified future date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation activity with no material impact on company strategy or financial health.
Positives
- Internal alignment through executive participation in the company's Executive Deferral and Stock Match Plan.
Negatives
- None identified.
Risks
- Value of deferred stock units is subject to the future market performance of Elanco common stock.
Future Outlook
The deferred stock units will settle in cash or common stock upon the reporting person's termination of employment or at a specified future date per the company's deferral plan.
Management Comments
- The filing notes the reporting person serves as Executive Vice President U.S. Pet Health and Global Digital Transformation.
Industry Context
StockSavvy.ai notes that routine acquisitions of equity-based compensation by executives are standard practice in the pharmaceutical and animal health sectors, reflecting ongoing alignment between management and shareholder interests.
Comparison to Industry Standards
- The transaction is consistent with standard executive compensation practices for large-cap healthcare companies like Zoetis or Merck Animal Health.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine compensation-related transaction.
Next Steps
- Future settlement of deferred stock units upon termination or specified future date.
Key Dates
| Date | Description |
|---|---|
| 04/17/2026 | Date of the reported transaction involving deferred stock units. |
| 04/21/2026 | Date the Form 4 was signed and filed. |
Keywords
Elanco, ELAN, Insider Trading, Form 4, Stock Compensation, Executive Compensation
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