Elanco (ELAN) Director Michael J. Harrington Buys 5,000 Shares

What Happened
Michael J. Harrington, a director of Elanco Animal Health Inc. (ELAN), purchased 5,000 shares in an open-market transaction on August 12, 2026. The shares were acquired at $21.82 per share for a total cost of $109,100. This was a straight purchase (transaction code P), which is a buy rather than a sale.

Key Details

• Transaction date: 2026-08-12; filing date (Form 4): 2026-08-13.
• Price: $21.82 per share; Total value: $109,100.
• Transaction type: Open-market purchase (code P).
• Shares owned after the transaction: Not disclosed in the provided filing details.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes were provided in the summary data.
• Timeliness: Filing appears timely (filed the day after the transaction).

Context

• Purchases by directors are often watched by investors as they can signal confidence, but they do not by themselves explain motivation.
• This transaction was a direct share purchase, not an option exercise, gift, or award.