Dozier Eric 4

What Happened
Eric Dozier, Executive Vice President and Chief People Officer at Eli Lilly (LLY), had 2,858 restricted stock units (RSUs) convert to common shares on Feb 1, 2026. To satisfy tax withholding, 1,272.992 of those shares were disposed at $1,037.15 per share for a total of $1,320,284. The RSU conversion is reported as a derivative exercise (code M) with the conversion price shown as $0.00 (typical for RSUs).

Key Details

• Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (filed within the typical 2-business-day window).
• RSUs vested/converted: 2,858 shares (reported as exercise/conversion, code M).
• Shares sold/withheld for taxes: 1,272.992 shares at $1,037.15 each = $1,320,284 (code F).
• Net shares retained from the vesting: 2,858 − 1,272.992 = 1,585.008 shares.
• Footnote: Each restricted stock unit represents a contingent right to receive one share of Eli Lilly common stock (F1).
• Shares owned after the transaction: Not specified on this Form 4.

Context
This appears to be a routine vesting and sell-to-cover tax withholding event rather than an open-market sale or a new purchase. For RSU vesting, companies often withhold or sell a portion of the shares to meet tax obligations; those transactions are administrative and do not necessarily signal a change in the insider’s view on the company.