Zoetis EVP granted cash-settled phantom stock units
Zoetis Inc. reported that Executive Vice President Ferran Astorga Jeannette acquired 45.3272 Phantom Stock Units on 2026-07-10 under the Zoetis Supplemental Savings Plan.
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Rhea-AI Filing Summary
Zoetis Inc. reported that Executive Vice President Ferran Astorga Jeannette acquired 45.3272 Phantom Stock Units on 2026-07-10 under the Zoetis Supplemental Savings Plan. These units relate to 15.7289 underlying shares of common stock and bring the total phantom stock unit balance to 2296.1569. The units are settled in cash after separation from service, and their value is tied to Zoetis common stock plus cash-equivalent investments, which typically represent around 5% of each unit’s value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 45.3272 | $26.22 | $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 Unit financial
Zoetis Supplemental Savings Plan financial
cash-equivalent investments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zoetis (ZTS) report for Ferran Astorga Jeannette?
How many phantom stock units did the Zoetis (ZTS) executive acquire and at what value?
What are phantom stock units under the Zoetis (ZTS) Supplemental Savings Plan?
When will the Zoetis (ZTS) phantom stock units granted to the executive be settled?
What is the executive’s total phantom stock unit balance at Zoetis (ZTS) after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.