Form 4: Elevance Health Director Kerry Clark Acquires Deferred Stock Units
SEC Form 4 Filing
Director Kerry Clark acquired 601 deferred stock units in Elevance Health, Inc. on May 14, 2025, according to a Form 4 filing.
Summary
- On May 14, 2025, Kerry Clark, a director of Elevance Health, Inc., acquired 601 deferred stock units.
- These units were accrued under the company's Board of Directors Compensation Program.
- The deferred stock units will be payable in Elevance Health common stock upon the earlier of (a) five years from the grant date or (b) the date Clark ceases to be a board member, unless a later date is designated.
- Following the transaction, Clark beneficially owns 9,640 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to director compensation.
Future Outlook
The deferred stock units will be payable in Company common stock upon the first to occur of (a) five years from the date of grant or (b) the date the Reporting Person ceases to be a member of the Company's board of directors, unless a later date is designated in the Reporting Person's election made under the Company's Board of Directors Deferred Compensation Plan.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the beneficial ownership of a director.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Kerry Clark acquired 601 deferred stock units. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Elevance Health, Director, Stock Units, Beneficial Ownership, Kerry Clark
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