Zoetis director awarded 342 phantom stock units
Zoetis director received additional phantom stock units as deferred cash-settled compensation tied to Zoetis share value.
Rhea-AI Filing Summary
Zoetis Inc. (ZTS) director Mark Stetter reported an acquisition of 342.3720 Phantom Stock Units on September 17, 2026 under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan. Each unit represents one share of Zoetis common stock and will be settled in cash after separation from service, bringing his total Phantom Stock Units to 880.1751.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 342.372 shares
Grant/Award
1 txn
Insider
Stetter Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2, F3, F4 | 342.372 | $73.02 | $25K |
Holdings After Transaction:
Phantom Stock Unit — 880.1751 contracts (Direct)
Footnotes (4)
- F1. These phantom stock units were acquired pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan and represent the director's deferral of all or a portion of his or her cash retainer fees invested in the Zoetis stock fund (including dividend equivalents thereon).
- F2. Each phantom stock unit represents one share of Zoetis Inc. common stock.
- F3. These phantom stock units include 3.7148 dividend equivalent units.
- F4. These phantom stock units will be settled in cash following the reporting person's separation from service.
Key Figures
Phantom Stock Units granted: 342.3720 units
Grant reference price: $73.0200 per unit
Total Phantom Stock Units after transaction: 880.1751 units
+2 more
5 metrics
Phantom Stock Units granted
342.3720 units
Grant to director on September 17, 2026
Grant reference price
$73.0200 per unit
Price field for Phantom Stock Unit award
Total Phantom Stock Units after transaction
880.1751 units
Director’s holdings after the award
Dividend equivalent units included
3.7148 units
Portion of the reported Phantom Stock Units
Underlying common stock equivalence
1 unit per 1 share
Each Phantom Stock Unit represents one share of Zoetis common stock
Key Terms
Phantom Stock Unit, Amended and Restated Non-Employee Director Deferred Compensation Plan, dividend equivalent units
3 terms
Phantom Stock Unit financial
"These phantom stock units were acquired pursuant to the Zoetis Inc. Amended"
Amended and Restated Non-Employee Director Deferred Compensation Plan financial
"pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred"
dividend equivalent units financial
"These phantom stock units include 3.7148 dividend equivalent units."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Zoetis (ZTS) director Mark Stetter report on this Form 4?
He reported an award of 342.3720 Phantom Stock Units on September 17, 2026, granted under Zoetis’ Amended and Restated Non-Employee Director Deferred Compensation Plan as part of his deferred compensation.
How many Phantom Stock Units does the Zoetis (ZTS) director hold after this transaction?
Following the reported award, Mark Stetter holds a total of 880.1751 Phantom Stock Units tied to Zoetis Inc. common stock value.
Are the Zoetis (ZTS) Phantom Stock Units settled in stock or cash?
The Phantom Stock Units will be settled in cash following the reporting person’s separation from service, rather than being settled in Zoetis common stock.
What does each Phantom Stock Unit represent for Zoetis (ZTS)?
Each Phantom Stock Unit represents one share of Zoetis Inc. common stock, meaning the unit’s value is linked to the value of a single Zoetis share.
Do these Zoetis (ZTS) Phantom Stock Units include dividend equivalents?
Yes. The reported Phantom Stock Units include 3.7148 dividend equivalent units, reflecting dividends credited on the deferred Zoetis stock fund value.
Was a Rule 10b5-1 trading plan involved in this Zoetis (ZTS) Form 4?
No. The filing indicates no Rule 10b5-1 trading plan; the affirmative 10b5-1 checkbox is not marked for this award.
AI-generated analysis. How Rhea-AI works. Not financial advice.