Elanco (ELAN) CFO receives 8.216 deferred stock units as compensation award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VanHimbergen Robert M reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health EVP and CFO Robert M. VanHimbergen received a grant of 8.216 deferred stock units, each linked to one share of Elanco common stock or its cash equivalent. Following this grant, his reported deferred stock unit balance is 48.7929 units. These units will settle in cash or stock after his employment ends or in a specified future year under the company’s Executive Deferral and Stock Match Plan, so this filing reflects compensation rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VanHimbergen Robert M
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 8.216 | $23.98 | $197.02 |
Holdings After Transaction:
Deferred Stock Units — 48.793 shares (Direct)
Footnotes (1)
- Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent. 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.
FAQ
What insider transaction did Elanco Animal Health (ELAN) report for its CFO?
Elanco reported that EVP and CFO Robert M. VanHimbergen received 8.216 deferred stock units as a compensation grant. These derivative units are tied to Elanco common stock and increase his deferred equity-based holdings without involving any open-market purchase or sale of shares.
What are the deferred stock units granted to Elanco (ELAN) CFO Robert VanHimbergen?
The 8.216 deferred stock units represent rights to receive either one share of Elanco common stock or the cash equivalent per unit. They function as deferred compensation, giving the executive equity-linked value without immediate share delivery or cash payment at the grant date.
When will the Elanco (ELAN) CFO’s deferred stock units be settled?
The deferred stock units will settle in cash or Elanco common shares after the CFO’s employment terminates or in a specified future year. Settlement timing follows the company’s Executive Deferral and Stock Match Plan, which governs when and how these deferred awards are paid.
How many deferred stock units does the Elanco (ELAN) CFO hold after this grant?
After receiving the 8.216-unit grant, the Elanco EVP and CFO is reported as holding 48.7929 deferred stock units. This figure reflects his outstanding balance of these equity-linked compensation instruments as of the transaction date disclosed in the Form 4.