Elanco Animal Health Inc·4

Mar 10, 4:15 PM ET

Simmons Jeffrey N 4

Research Summary

AI-generated summary

Updated

Elanco (ELAN) CEO Jeffrey N. Simmons Receives Award

What Happened
Jeffrey N. Simmons, President, CEO and Director of Elanco Animal Health Inc., was granted 4,497.619 deferred stock units on March 6, 2026. The units were valued at $23.36 each for a total grant value of about $105,064. This was an award/derivative grant (Form 4 code A), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-06; Filing date (Form 4): 2026-03-10 (appears late—Form 4s are typically due within 2 business days).
  • Grant details: 4,497.619 deferred stock units at $23.36 per unit; total ≈ $105,064.
  • Shares owned after transaction: not reported in this filing.
  • Footnotes:
    • F1 — Each deferred stock unit represents the right to receive one share of common stock or the cash equivalent.
    • F2 — Units settle in cash or shares following termination of employment or in a specified future year under the Executive Deferral and Stock Match Plan.
  • Transaction type: Award of deferred/derivative units (code A).

Context
This was a compensation award (deferred stock units) rather than a purchase or sale; such grants are part of executive pay and may vest or settle later in cash or shares per the company plan. Because it’s an award, it shouldn’t be read as a direct market purchase signal. The delayed filing may be notable to compliance‑minded investors but does not change the economic nature of the grant.