Zoetis (NYSE: ZTS) CEO awarded cash-settled phantom units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PECK KRISTIN C reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Chief Executive Officer Kristin C. Peck reported a grant of 616.0892 phantom stock units on 2026-07-10 under the Zoetis Supplemental Savings Plan at $26.2200 per unit. Each unit’s value tracks Zoetis common stock plus cash-equivalent investments and is settled in cash, bringing her balance to 66,194.8959 phantom units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PECK KRISTIN C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 616.089 | $26.22 | $16K |
Holdings After Transaction:
Phantom Stock Unit — 66,194.896 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: 616.0892 units
Grant price per phantom unit: $26.2200
Total phantom units after grant: 66,194.8959 units
+2 more
5 metrics
Phantom stock units granted
616.0892 units
Grant of phantom stock units on 2026-07-10 under Zoetis Supplemental Savings Plan
Grant price per phantom unit
$26.2200
Recorded transaction price per phantom stock unit for the 2026-07-10 award
Total phantom units after grant
66,194.8959 units
Kristin C. Peck’s phantom stock unit balance following the reported transaction
Underlying common stock reference
213.7885 shares
Underlying Zoetis common stock shares associated with the phantom stock unit grant
Cash-equivalent component
around 5% of value
Cash-equivalent investments typically represent around 5% of each phantom stock unit’s total value
Key Terms
Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments, phantom share
4 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"
FAQ
What insider transaction did Zoetis (ZTS) CEO Kristin Peck report?
CEO Kristin C. Peck reported a grant of 616.0892 phantom stock units on 2026-07-10 under the Zoetis Supplemental Savings Plan. These units are a form of deferred compensation whose value is linked to Zoetis common stock and cash-equivalent investments, and are ultimately settled in cash.
How are the phantom stock units reported by Zoetis (ZTS) CEO valued?
Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments. The filing states that cash-equivalent investments typically represent around 5% of total value, so the unit value is determined by Zoetis’ market price and that cash component.
When will the Zoetis (ZTS) CEO’s phantom stock units be paid out?
The phantom stock units are settled in cash following Kristin C. Peck’s separation from service. Until then, they remain as bookkeeping units in the Zoetis Supplemental Savings Plan and may be transferred into alternative investment funds, subject to Zoetis’ limits on timing and permissibility of transfers.
What was the reference price for the Zoetis (ZTS) phantom stock grant?
The reported transaction shows 616.0892 phantom stock units at $26.2200 per unit. This price is used to record the grant value within the Zoetis Supplemental Savings Plan and helps determine the notional account balance that tracks Zoetis common stock and cash-equivalent investments over time.
How many phantom stock units does the Zoetis (ZTS) CEO hold after this grant?
After the reported acquisition, Kristin C. Peck holds a total of 66,194.8959 phantom stock units. This figure reflects her cumulative phantom stock position within the Zoetis Supplemental Savings Plan, providing cash-settled exposure to Zoetis’ share performance plus a small cash-equivalent investment component.