Elevance Health Proxy Filing Details Executive Compensation

Ticker: ELV · Form: DEFA14A · Filed: 2024-04-22T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, governance

Related Tickers: ELV

TL;DR

Elevance Health proxy filing out, detailing exec pay & awards for 2023. #ELEV

AI Summary

Elevance Health, Inc. (formerly Anthem, Inc.) filed a DEFA14A, indicating a Definitive Proxy Statement. This filing details executive compensation and related matters for the fiscal year ending December 31, 2023. It includes information on dividends paid on awards, forfeited awards, and changes in fair value for prior year awards that vested during the covered year.

Why It Matters

This filing provides transparency into how Elevance Health compensates its top executives, which can influence investor decisions and employee morale.

Risk Assessment

Risk Level: low — This is a routine proxy filing detailing executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

Elevance Health, Inc. (company) — Filer of the DEFA14A
Anthem, Inc. (company) — Former name of Elevance Health, Inc.
2023-12-31 (date) — Fiscal year end for which compensation details are provided

FAQ

What is the primary purpose of this DEFA14A filing by Elevance Health, Inc.?

The primary purpose of this DEFA14A filing is to provide a Definitive Proxy Statement, which details information related to the company's annual meeting of shareholders, including executive compensation, director nominations, and other corporate governance matters for the fiscal year ending December 31, 2023.

What specific types of executive compensation elements are mentioned in the filing?

The filing mentions elements such as 'DividendsOrOtherEarningsPaidOnAwardsInTheCoveredYearPriorToVestingMember', 'FairValueOfAwardsForfeitedDuringTheCoveredYearMember', and 'ChangeInFairValueForPriorYearAwardsThatVestedDuringTheCoveredYearMember'.

What was Elevance Health, Inc.'s former name?

Elevance Health, Inc.'s former name was Anthem, Inc., with a date of name change on 20141202.

What is the fiscal year end for which this filing provides compensation data?

This filing provides compensation data for the fiscal year ending December 31, 2023.

What is the Standard Industrial Classification (SIC) code for Elevance Health, Inc.?

The Standard Industrial Classification (SIC) code for Elevance Health, Inc. is 6324, which corresponds to Hospital & Medical Service Plans.

From the Filing

0001193125-24-104928.txt : 20240422 0001193125-24-104928.hdr.sgml : 20240422 20240422163113 ACCESSION NUMBER: 0001193125-24-104928 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20240422 DATE AS OF CHANGE: 20240422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Elevance Health, Inc. CENTRAL INDEX KEY: 0001156039 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 352145715 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-16751 FILM NUMBER: 24861571 BUSINESS ADDRESS: STREET 1: 220 VIRGINIA AVENUE CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 8003311476 MAIL ADDRESS: STREET 1: 220 VIRGINIA AVENUE CITY: INDIANAPOLIS STATE: IN ZIP: 46204 FORMER COMPANY: FORMER CONFORMED NAME: Anthem, Inc. DATE OF NAME CHANGE: 20141202 FORMER COMPANY: FORMER CONFORMED NAME: WELLPOINT, INC DATE OF NAME CHANGE: 20100105 FORMER COMPANY: FORMER CONFORMED NAME: WELLPOINT INC DATE OF NAME CHANGE: 20041130 DEFA14A 1 d818609ddefa14a.htm DEFA14A DEFA14A DEFA14A false 0001156039 0001156039 2023-01-01 2023-12-31 0001156039 2022-01-01 2022-12-31 0001156039 2021-01-01 2021-12-31 0001156039 2020-01-01 2020-12-31 0001156039 elv:DividendsOrOtherEarningsPaidOnAwardsInTheCoveredYearPriorToVestingMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:DividendsOrOtherEarningsPaidOnAwardsInTheCoveredYearPriorToVestingMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:FairValueOfAwardsForfeitedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:FairValueOfAwardsForfeitedDuringTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:ChangeInFairValueForPriorYearAwardsThatVestedDuringTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:PriorServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:PriorServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:ServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:ServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:SctAmountsMember ecd:NonPeoNeoMember elv:JohnE.GallinaMember 2023-01-01 2023-12-31 0001156039 elv:SctAmountsMember ecd:PeoMember elv:JohnE.GallinaMember 2023-01-01 2023-12-31 0001156039 elv:ChangeInFairValueOfOutstandingUnvestedAwardsFromPriorYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:YearEndFairValueForAwardsGrantedInTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:YearEndFairValueForAwardsGrantedInTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:SctAmountsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:SctAmountsMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:ChangeInFairValueForPriorYearAwardsThatVestedDuringTheCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:VestingDateFairValueOfAwardsGrantedAndVestingDuringCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 elv:VestingDateFairValueOfAwardsGrantedAndVestingDuringCoveredYearMember ecd:PeoMember 2023-01-01 2023-12-31 0001156039 elv:ChangeInFairValueOfOutstandingUnvestedAwardsFromPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001156039 4 2023-01-01 2023-12-31 0001156039 3 2023-01-01 2023-12-31 0001156039 2 2023-01-01 2023-12-31 0001156039 1 2023-01-01 2023-12-31 iso4217:USD xbrli:pure UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )   ☑    Filed by the Registrant    ☐    Filed by a party other than the Registrant  CHECK THE APPROPRIATE BOX:         ☐    Preliminary Proxy Statement       ☐    Confidential, for Use of the Commis