Form 4: Eli Lilly Director Acquires Shares Through Deferral Plan

Sentiment:

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

DateDescription
04/15/2024Date of the stock acquisition by Gabrielle Sulzberger.
04/16/2024Date the Form 4 was signed.

Keywords

Eli Lilly, Director, Stock Acquisition, Deferral Plan, Form 4, Gabrielle Sulzberger

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