Eli Lilly EVP Diogo Rau Receives Award of 4,599 Shares

What Happened
Diogo Rau, Executive Vice President & Chief Information and Digital Officer at Eli Lilly (LLY), was issued an award of 4,599.164 shares on 2026-02-09. The filing reports an acquisition (award/grant) valued at $4,804,609 based on a per-share value of $1,044.67. This Form 4 is an amendment to correct reporting related to shares withheld for taxes.

Key Details

• Transaction date: 2026-02-09; reported in an amended Form 4 filed 2026-02-12.
• Transaction type/code: Award/Grant (A).
• Shares acquired: 4,599.164; reported value: $4,804,609 (price per share listed as $1,044.67).
• Footnote: Amendment corrects an adjustment of shares withheld to cover tax obligations — the filing notes shares were previously over-withheld due to an administrative error (Footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: This is an amended filing to correct withholding; the filing date is shown as 2026-02-12 for a 2026-02-09 transaction.

Context

• Awards like this are typically restricted stock units or similar grants; the Form 4 records the acquisition but does not by itself indicate intent to buy or sell.
• The amendment addresses tax-withholding reporting (employers often withhold a portion of shares to cover taxes); correcting withholding is an administrative fix and not necessarily a change in insider sentiment.