Correia de Simas Jose Manuel 4

What Happened Correia de Simas Jose Manuel, Executive Vice President, US Farm Animal Business at Elanco (ELAN), received a grant of 17,637.843 deferred stock units on 2026-03-06. The award is reported at a per-unit value of $23.36, totaling $412,020. This was an award (transaction code A) — a form of compensation/derivative grant — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Filing date: 2026-03-10 (filed within the usual 2-business-day window).
• Units granted: 17,637.843 deferred stock units at $23.36 per unit; reported total value $412,020.
• Transaction type: Award/Grant of deferred stock units (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each deferred stock unit (DSU) represents the right to one share of common stock or the cash equivalent. F2 — DSUs settle in cash or shares following termination of employment or in a specified future year under the Executive Deferral and Stock Match Plan.

Context Deferred stock units are a form of compensation that convert to shares or cash in the future and are common for executive pay. Because this is an award (not a market purchase or sale), it reflects compensation rather than an immediate positive/negative trading signal.