Form 4: Eli Lilly Director Acquires Shares Through Deferral Plan
SEC Form 4 Filing
Gabrielle Sulzberger, a director at Eli Lilly, acquired 13 shares of common stock through a deferral plan.
Summary
- Gabrielle Sulzberger, a director at Eli Lilly & Co, acquired 13 shares of common stock on April 15, 2024.
- The shares were acquired at a price of $750.77 per share.
- These shares were acquired through the Lilly Directors' Deferral Plan, in lieu of cash compensation.
- The shares will be settled in common stock following Ms. Sulzberger's separation from service.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally neutral to positive. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.
Future Outlook
The acquired shares will be settled in common stock following the reporting person's separation from service.
Industry Context
This is a routine filing related to director compensation and is not indicative of any broader industry trends.
Comparison to Industry Standards
- Director stock acquisitions through deferral plans are a common practice among publicly traded companies.
- The price of $750.77 per share is consistent with the market price of Eli Lilly stock at the time of the transaction.
- Other pharmaceutical companies such as Pfizer and Merck also have similar director compensation plans.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows director confidence in the company.
- The transaction has no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of the stock acquisition by Gabrielle Sulzberger. |
| 04/16/2024 | Date the Form 4 was signed. |
Keywords
Eli Lilly, Director, Stock Acquisition, Deferral Plan, Form 4, Gabrielle Sulzberger
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.