Zoetis (ZTS) EVP Abhay Nayak receives 214.6 phantom stock units in cash-settled plan
Rhea-AI Filing Summary
Nayak Abhay U reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Abhay U. Nayak received a compensation-related grant of 214.6155 Phantom Stock Units on 2026-07-10 under the Zoetis Supplemental Savings Plan. These cash-settled units track Zoetis common stock plus cash-equivalent investments and increase his phantom stock balance to 4,700.5887 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nayak Abhay U
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 214.616 | $26.22 | $6K |
Holdings After Transaction:
Phantom Stock Unit — 4,700.589 shares (Direct)
Footnotes (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.
Key Figures
Phantom Stock Units granted: 214.6155 units
Reference value per Phantom Stock Unit: $26.2200
Phantom Stock Units after grant: 4,700.5887 units
+2 more
5 metrics
Phantom Stock Units granted
214.6155 units
Grant to Executive Vice President Abhay U. Nayak on 2026-07-10
Reference value per Phantom Stock Unit
$26.2200
Value used for the 2026-07-10 phantom stock unit grant
Phantom Stock Units after grant
4,700.5887 units
Total phantom stock unit balance for Abhay U. Nayak following the transaction
Underlying common stock equivalent
74.4735 shares
Underlying Zoetis common stock associated with the new phantom stock award
Cash-equivalent investments portion
around 5%
Typical share of each phantom stock unit’s value held in cash-equivalent investments
Key Terms
Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments
3 terms
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%"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zoetis (ZTS) Executive Vice President Abhay U. Nayak report?
Abhay U. Nayak reported receiving a grant of 214.6155 Phantom Stock Units as compensation. The units were credited on 2026-07-10 under the Zoetis Supplemental Savings Plan and are tied to Zoetis common stock performance and cash-equivalent investments.
How many Zoetis (ZTS) phantom stock units does Abhay U. Nayak hold after this grant?
After the grant, Abhay U. Nayak holds a total of 4,700.5887 Phantom Stock Units. This figure reflects his updated balance in the Zoetis Supplemental Savings Plan following the 214.6155-unit award disclosed in the report.
What is the reference value per Zoetis (ZTS) Phantom Stock Unit in Nayak’s recent award?
Each Phantom Stock Unit in the recent award is based on a reference value of $26.2200 per unit. The value of these units is determined by Zoetis common stock’s market price plus associated cash-equivalent investments described in the plan.
How and when are Zoetis (ZTS) Phantom Stock Units for Abhay U. Nayak settled?
The Phantom Stock Units are settled in cash after Abhay U. Nayak’s separation from service. Until then, they remain in the Zoetis Supplemental Savings Plan, and he may transfer them into alternative investment funds subject to Zoetis’s transfer limitations.
Do Zoetis (ZTS) Phantom Stock Units include cash-equivalent investments?
Yes. Each Phantom Stock Unit includes a small portion of cash-equivalent investments, typically around 5% of its total value. The rest of the value is determined by reference to the market value of Zoetis common stock as described in the plan’s terms.