Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 61

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 61
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 |        | $        |  3,225,051 |     | $      |  1,074,976 |     |        |           |     | $              | 1,087,754 |     |   |           |     | $                                                                         | — |     |   |   |     | $            | 143,396 |     | $ |  6,475,408 |     |   |            |       |
| 2022                                                        |     |    $ |   919,231 |     | $ |         — |        | $        |  3,000,218 |     | $      |    999,871 |     |        |           |     | $              | 1,323,692 |     |   |           |     | $                                                                         | — |     |   |   |     | $            | 143,975 |     | $ |  6,386,987 |     |   |            |       |
| Morgan Kendrick                                             
 EVP and President, Commercial and Specialty Health Benefits |     | 2024 |           |     | $ |   850,000 |        | $        |          — |     | $      |  3,225,249 |     | $      | 1,074,825 |     |                |           |     | $ |   510,000 |     |                                                                           |   |     | $ | — |     |              |         |     | $ |    133,400 |     | $ |  5,793,474 |       |

(1) The amount in this column reflects a one-time cash award paid to Mr. Kaye upon the commencement of his employment with us to compensate him for forfeited bonus payments and other incentives from his prior employer. Mr. Kaye will be required to repay this cash bonus if he voluntarily resigns or is terminated for cause within three years of his start date.

(2) The amounts in this column reflect the grant date fair value of stock awards issued during the respective fiscal years pursuant to our Long-Term Incentive Plan in accordance with ASC 718. The grant date fair value of any performance-based awards was computed based on the level of performance that was deemed probable on the grant date and is equal to target performance.

The amounts in the “Stock Awards” column include the grant date fair values for time-based RSUs and PSUs. The grant date fair value for the PS