Zoetis EVP Kevin Esch acquires cash-settled units

The executive vice president’s phantom units settle in cash after separation from service and may be transferred to an alternative investment fund subject to Zoetis limits.

Rhea-AI Filing Summary

Zoetis Inc. Executive Vice President Kevin Esch acquired 360.0734 Phantom Stock Units on October 9, 2026; the reported price was $26.17 per share. His direct balance after the acquisition was 1,166.5046 Phantom Stock Units. The units were acquired under the Zoetis Supplemental Savings Plan and are settled in cash following separation from service. Transfers to an alternative investment fund are permitted, subject to Zoetis limiting their timing, frequency, and permissibility.

Insider Trade Summary

Grant/Award: 360.0734 shares

Grant/Award 1 txn

Insider Esch Kevin

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit F1, F2	360.0734	$26.17	$9K

Holdings After Transaction: Phantom Stock Unit — 1,166.5046 contracts (Direct)

Footnotes (2)

1. 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.
2. 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

Phantom Stock Units acquired: 360.0734 Phantom Stock Units Reported price: $26.17 per share Direct balance after acquisition: 1,166.5046 Phantom Stock Units

3 metrics

Phantom Stock Units acquired 360.0734 Phantom Stock Units October 9, 2026

Reported price $26.17 per share Phantom Stock Unit acquisition on October 9, 2026

Direct balance after acquisition 1,166.5046 Phantom Stock Units After the October 9, 2026 acquisition

Key Terms

phantom stock units, Zoetis Supplemental Savings Plan, cash-equivalent investments, alternative investment fund

4 terms

phantom stock units financial

"These phantom stock units ... are settled in cash"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Zoetis Supplemental Savings Plan financial

"acquired pursuant to the Zoetis Supplemental Savings Plan"

cash-equivalent investments financial

"plus a small amount of cash-equivalent investments"

alternative investment fund financial

"transferred ... into an alternative investment fund"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Zoetis (ZTS) phantom stock units did Kevin Esch acquire?

Kevin Esch acquired 360.0734 Phantom Stock Units on October 9, 2026, with a reported price of $26.17 per share; his direct balance afterward was 1,166.5046 Phantom Stock Units.

How are Zoetis (ZTS) phantom stock units settled or transferred?

The units are settled in cash following Kevin Esch’s separation from service and may be transferred to an alternative investment fund. Zoetis may limit the timing, frequency, and permissibility of transfers. Each unit represents a fraction of a phantom share plus cash-equivalent investments, which typically represent around 5% of the unit’s total value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/13/2026 - 09:14 PM EDT Accepted by SEC EDGAR 10/13/2026 - 09:13 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Esch Kevin

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit(1)	(2)	10/09/2026		A		360.0734		(1)	(1)	Common Stock	125.9607	$26.17	1,166.5046	D

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-Fact	10/13/2026
	** Signature of Reporting Person	Date
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)