Eli Lilly Announces Executive Compensation Changes
Ticker: LLY · Form: 8-K · Filed: Jul 10, 2024 · CIK: 59478
| Field | Detail |
|---|---|
| Company | Eli Lilly & Co (LLY) |
| Form Type | 8-K |
| Filed Date | Jul 10, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, officer-election, board-changes
Related Tickers: LLY
TL;DR
Lilly shakes up exec pay, new officers elected.
AI Summary
Eli Lilly & Co. announced on July 5, 2024, changes in its executive compensation arrangements. The filing details the election of new officers and adjustments to compensatory plans, impacting key personnel within the company.
Why It Matters
Changes in executive compensation can signal shifts in company strategy, performance expectations, or leadership transitions, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation and officer elections can indicate internal shifts that may affect company strategy and performance.
Key Players & Entities
- ELI LILLY & Co (company) — Filer
- 0000059478-24-000164 (filing_id) — Accession Number
- 20240705 (date) — Report Date
- 20240710 (date) — Filing Date
FAQ
What specific changes were made to executive compensation arrangements?
The filing indicates changes to compensatory arrangements of certain officers, but the specific details of these changes are not provided in this summary.
Who are the newly elected officers mentioned in the filing?
The filing states the election of directors and appointment of certain officers, but their names are not listed in the provided text.
What is the effective date of these changes?
The date as of change is July 10, 2024, and the report period is July 5, 2024.
What is Eli Lilly & Co.'s Standard Industrial Classification (SIC) code?
Eli Lilly & Co.'s SIC code is 2834, for Pharmaceutical Preparations.
What is the primary purpose of this 8-K filing?
This 8-K filing pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
Filing Stats: 695 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-07-10 08:40:20
Filing Documents
- lly-20240705.htm (8-K) — 46KB
- 0000059478-24-000164.txt ( ) — 262KB
- lly-20240705.xsd (EX-101.SCH) — 5KB
- lly-20240705_def.xml (EX-101.DEF) — 19KB
- lly-20240705_lab.xml (EX-101.LAB) — 37KB
- lly-20240705_pre.xml (EX-101.PRE) — 20KB
- lly-20240705_htm.xml (XML) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ELI LILLY AND COMPANY (Registrant) By: /s/ Anat Hakim Name: Anat Hakim Title: Executive Vice President, General Counsel and Secretary Date: July 10, 2024