Zoetis EVP Astorga Jeannette Ferran acquires award
The phantom units may be transferred to an alternative investment fund, subject to Zoetis limits on transfer timing, frequency and permissibility.
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Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Astorga Jeannette Ferran acquired 52.9828 phantom stock units on October 9, 2026. The reported direct balance after the award was 2,349.1397 phantom stock units, corresponding to 18.5344 shares of common stock. The units are settled in cash following separation from service; each represents a fraction of a phantom share plus cash-equivalent investments, which typically represent around 5% of the unit’s total value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 52.9828 | $26.17 | $1K |
Footnotes (2)
- F1. These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time.
- F2. Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments.
Key Figures
Key Terms
phantom stock units financial
Supplemental Savings Plan financial
cash-equivalent investments financial
separation from service financial
alternative investment fund financial
FAQ
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How many Zoetis (ZTS) phantom stock units did the executive receive?
Can the Zoetis executive transfer the phantom stock units to another investment fund?
AI-generated analysis. How Rhea-AI works. Not financial advice.