ELI LILLY & Co — Director's Dealing 2025

Aug 28, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELI LILLY & Co (LLY)
CIK: 0000059478
Period of Report: 2025-08-27

Reporting Person: Custer Kenneth L. (EVP & President, Card Met Hlth)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-27	Phantom Stock	$	I	612.937	Acquired		Common Stock (612.937)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9346.902	Direct

Footnotes

F1: Each share of phantom stock represents the right to receive the cash value of one share of Eli Lilly and Company common stock.

F2: Reflects reallocation of funds within the reporting person's deferred compensation account.

F3: Shares of phantom stock are payable in cash following termination of the reporting person's employment with Eli Lilly and Company.