Anand Kapila K 4
4 · Elanco Animal Health Inc · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Elanco (ELAN) Director Anand Kapila Receives Deferred Stock Award
What Happened
Anand Kapila, a member of Elanco's Board of Directors, was credited with 584.112 Deferred Stock Units (DSUs) on June 30, 2026. The units were issued at a closing share price of $24.61, representing an economic value of approximately $14,375. This transaction is reported as an award/acquisition (code A) and is a derivative credit (DSUs), not an open‑market purchase.
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (timely filing).
- Units issued: 584.112 Deferred Stock Units.
- Price used to calculate units: $24.61 (Elanco closing price on grant date).
- Reported value: ~ $14,375 (cash amount deferred divided by share price).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: (1) Ms. Kapila elected to defer her director cash retainer into the Company’s Directors' Deferral Plan; (2) each DSU equals the economic equivalent of one share and (3) DSUs will be settled in stock upon her separation from the Board.
Context
This was a routine compensation deferral (cash retainer credited as Deferred Stock Units), not a market purchase or sale. DSUs are derivatives that convert to actual shares when the director leaves the board, so this action reflects compensation timing and tax/deferral choices rather than an explicit buy/sell signal about Elanco stock.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-06-30$24.61/sh+584.112$14,375→ 10,079.564 total→ Common Stock (584.112 underlying)
Footnotes (3)
- [F1]Ms. Anand elected to defer her director cash retainer fees pursuant to the Company's Directors' Deferral Plan (the "Plan") and such deferred fees were credited to the Elanco Deferred Stock Account under the Plan. Each Deferred Stock Unit is the economic equivalent of one share of Elanco common stock.
- [F2]The Deferred Stock Units will be settled in stock upon the reporting person's separation of service from the Company's Board of Directors pursuant to the Plan.
- [F3]The number of Deferred Stock Units issued is the amount of cash compensation deferred divided by the closing price of a share of Elanco common stock on the grant date, which was $24.61 on June 30, 2026.