Modi Rajeev A. 4
4 · Elanco Animal Health Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Elanco (ELAN) EVP Rajeev Modi Receives Deferred Stock Award
What Happened
Rajeev A. Modi, Executive Vice President, U.S. Pet Health and Global Digital Transformation at Elanco Animal Health (ELAN), was granted 56.136 deferred stock units on 2026-02-06. The units are reported at $25.20 each for a total reported value of $1,415. This transaction is an award (derivative grant), not an open‑market purchase or sale.
Key Details
- Transaction type/code: Award/Grant (A) of deferred stock units (derivative).
- Date and price: 2026-02-06 at $25.20 per unit; total value $1,415.
- Filing: Form 4 filed 2026-02-10 — timely (filed within required reporting window).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes: Each deferred stock unit equals the right to receive one share or the cash equivalent (F1). Units settle in cash or shares after termination or in a specified future year per the Executive Deferral and Stock Match Plan (F2).
Context
Deferred stock units are compensation-related derivatives that convert to shares or cash in the future; they reflect pay deferral rather than an immediate vote of confidence via buy/sell. Such awards are common for executives and do not necessarily signal near-term trading intent.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-02-06$25.20/sh+56.136$1,415→ 7,594.461 total→ Common Stock (56.136 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent.
- [F2]Deferred stock units settle in cash or shares of Company common stock following termination of employment or during a specified future year in accordance with Executive Deferral and Stock Match Plan.