Elanco (ELAN) Director Art A. Garcia Receives Award

What Happened
Director Art A. Garcia received two equity awards from Elanco Animal Health on May 21, 2026: 4,678 deferred stock units (DSUs) and 12,196 restricted stock units (RSUs), for a total of 16,874 shares. Both grants were recorded at $0.00 per share (standard for non-cash equity awards); no cash was paid by the insider.

Key Details

• Transaction date: 2026-05-21 (grants coded A = award/other acquisition)
• Award details: 4,678 DSUs (Footnote F1: pro‑rated annual deferred stock units) and 12,196 RSUs (Footnote F2: annual restricted stock units)
• Report filed: Form 4 accession 0001183585-26-000002 submitted 2026-05-26 (five days after the grant); typical Form 4 reporting window is two business days, so this filing appears later than the usual reporting timeline.
• Shares owned after the transaction: not disclosed in the provided filing.
• No sales, option exercises, 10b5-1 plan, or tax‑withholding sale noted in this filing.

Context
These grants are routine board compensation for non-employee directors (deferred and restricted stock unit awards) and represent equity compensation rather than a market buy or sell. Such awards are common and do not by themselves indicate the insider is buying or selling stock for investment reasons.