Modi Rajeev A. 4
4 · Elanco Animal Health Inc · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Elanco (ELAN) EVP Rajeev A. Modi Receives Stock Award
What Happened Rajeev A. Modi, Executive Vice President, U.S. Pet Health and Global Digital Transformation at Elanco (ELAN), received a grant of 1,360.236 deferred stock units on 2026-03-06. The units are recorded at $23.36 each, for a reported aggregate value of $31,775. This was an award/compensation grant (SEC transaction code A) — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filing is timely).
- Grant details: 1,360.236 deferred stock units at $23.36 per unit; total reported value $31,775.
- Securities type: Derivative (deferred stock units), not immediate common-share acquisition.
- Shares/units owned after transaction: Not specified in the filing.
- Footnotes: Each deferred stock unit represents the right to one share or a cash equivalent (F1). Units settle in cash or shares following termination or in a specified future year under the Executive Deferral and Stock Match Plan (F2).
Context Deferred stock units are a form of compensation that convert to company shares or cash at a later date (vesting/settlement), so this award does not imply an immediate buy or sale of stock. Such grants are common for executive pay and are informational rather than a direct bullish/bearish trading signal.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-03-06$23.36/sh+1,360.236$31,775→ 9,011.328 total→ Common Stock (1,360.236 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.