Jonsson Patrik 4
Research Summary
AI-generated summary
Eli Lilly EVP Patrik Jonsson Converts RSUs, Withholds $1.82M
What Happened
Patrik Jonsson, EVP & President, LLY International, had restricted stock units (RSUs) convert to 3,930 shares on 2026-02-01 (reported on a Form 4 filed 2026-02-03). To cover tax withholding, 1,752.071 of those shares were surrendered at an indicated value of $1,037.15 per share for a total withholding of $1,817,160. The RSU conversion shows $0.00 per share for the award exercise price (typical for RSU settlements); net shares delivered to Jonsson were 2,177.929 (3,930 − 1,752.071).
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-03 (timely).
- RSU conversion (code M): 3,930 shares credited at $0.00.
- Tax withholding (code F): 1,752.071 shares withheld at $1,037.15/share = $1,817,160.
- Net shares received from the vesting: 2,177.929 shares.
- Shares owned after the transaction: not reported in the provided data.
- Footnote: F1 — each restricted stock unit represents a contingent right to one share of Eli Lilly common stock.
- No 10b5-1 plan or late filing was indicated in the provided filing.
Context: This was an RSU vest/settlement with share withholding for taxes — a routine administrative transaction rather than an open-market buy or sell. For retail investors, RSU conversions and tax withholdings are common and do not necessarily signal insider sentiment; outright purchases are typically more informative about bullish conviction.