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Zoetis (NYSE: ZTS) EVP receives cash-settled phantom stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Ferran Astorga Jeannette
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 45.327 $26.22 $1K
Holdings After Transaction: Phantom Stock Unit — 2,296.157 shares (Direct)
Footnotes (1)
  1. 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. 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.
Phantom stock units granted 45.3272 units Phantom Stock Units acquired on 2026-07-10 by Executive Vice President
Reference value per unit 26.2200 Transaction price per phantom stock unit for the grant
Underlying common shares 15.7289 shares Underlying Zoetis common stock associated with the phantom stock unit grant
Total phantom stock units after grant 2296.1569 units Direct phantom stock unit balance following the reported transaction
Cash-equivalent component around 5% Typical portion of each phantom stock unit in cash-equivalent investments
Phantom Stock Unit financial
"These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan"
Zoetis Supplemental Savings Plan financial
"acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash"
cash-equivalent investments financial
"plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5%)"
phantom share financial
"Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock"

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FAQ

What insider transaction did Zoetis (ZTS) report for Ferran Astorga Jeannette?
Zoetis reported that Executive Vice President Ferran Astorga Jeannette received a grant of phantom stock units. The award consists of compensation-linked units under the Zoetis Supplemental Savings Plan rather than an open-market purchase or sale of Zoetis common stock.

How many phantom stock units did the Zoetis (ZTS) executive acquire and at what value?
Ferran Astorga Jeannette acquired 45.3272 Phantom Stock Units at a reference value of 26.2200 per unit. The award is part of the Zoetis Supplemental Savings Plan and is tied to Zoetis common stock plus a small cash-equivalent component.

What are phantom stock units under the Zoetis (ZTS) Supplemental Savings Plan?
Each Zoetis phantom stock unit represents a fraction of a phantom share of common stock plus cash-equivalent investments. The cash-equivalent investments typically represent around 5% of the unit’s total value, and overall value is determined by Zoetis stock and these investments.

When will the Zoetis (ZTS) phantom stock units granted to the executive be settled?
The phantom stock units are settled in cash following Ferran Astorga Jeannette’s separation from service. They may be transferred into alternative investment funds, though Zoetis may limit the timing, frequency and permissibility of such transfers between investment funds.

What is the executive’s total phantom stock unit balance at Zoetis (ZTS) after this transaction?
After the grant, Ferran Astorga Jeannette holds a total of 2296.1569 Phantom Stock Units directly. This figure reflects the cumulative phantom stock units credited under the Zoetis Supplemental Savings Plan as reported in the insider transaction.

How many underlying Zoetis (ZTS) common shares are associated with this phantom stock grant?
The 45.3272 phantom stock units are associated with 15.7289 underlying shares of Zoetis common stock. The economic value of the units is determined by reference to the market value of Zoetis common stock and related cash-equivalent investments.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ferran Astorga Jeannette
(Last)(First)(Middle)
C/O ZOETIS INC.
10 SYLVAN WAY
(Street)
PARSIPPANY NEW JERSEY 07054
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Zoetis Inc. [ ZTS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)(2)07/10/2026A45.3272 (1) (1)Common Stock15.7289$26.222,296.1569D
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Brenda Santuccio, as Attorney-in-Fact07/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR