[Form 4] Zoetis Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Kevin Esch reported a compensation-related grant of phantom stock units. On April 10, 2026, he acquired 1.3946 phantom stock units at a reference value of $39.64 per unit under the Zoetis Supplemental Savings Plan, bringing his total to 498.3855 phantom stock units.
Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments, with the value determined by Zoetis’ market price and the cash-equivalent portion. These units are settled in cash after his separation from service and can be reallocated among plan investment funds, subject to Zoetis’ transfer limitations.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esch Kevin
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1.395 | $39.64 | $55.28 |
Holdings After Transaction:
Phantom Stock Unit — 498.386 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: 1.3946 units
Reference value per phantom unit: $39.64 per unit
Total phantom stock units after grant: 498.3855 units
+1 more
4 metrics
Phantom stock units granted
1.3946 units
Grant on April 10, 2026 under Zoetis Supplemental Savings Plan
Reference value per phantom unit
$39.64 per unit
Transaction price per phantom stock unit on April 10, 2026
Total phantom stock units after grant
498.3855 units
Phantom stock unit balance following the April 10, 2026 transaction
Underlying common stock fraction
0.4690 shares
Underlying Zoetis common stock equivalent linked to the reported phantom stock units
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, are settled in cash"
Zoetis Supplemental Savings Plan financial
"These phantom stock units, which were 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% of the total value"
FAQ
What insider transaction did Zoetis (ZTS) Executive Vice President Kevin Esch report?
Kevin Esch reported a grant of phantom stock units. On April 10, 2026, he acquired 1.3946 phantom stock units tied to Zoetis (ZTS) under the company’s Supplemental Savings Plan, increasing his total phantom stock unit holdings to 498.3855.
What is a Zoetis (ZTS) phantom stock unit as reported in this Form 4?
A Zoetis phantom stock unit is a cash-settled, stock-linked incentive. Each unit reflects a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments, with its value determined by Zoetis’ market price and the value of those cash-equivalent holdings.
How many phantom stock units does Kevin Esch hold in Zoetis (ZTS) after this transaction?
After the transaction, Kevin Esch holds 498.3855 phantom stock units. The Form 4 shows a grant of 1.3946 additional units, bringing his total phantom stock unit balance under the Zoetis Supplemental Savings Plan to 498.3855 units.
Does this Zoetis (ZTS) Form 4 show Kevin Esch buying or selling common stock?
No, the Form 4 shows a grant of phantom stock units, not stock trading. The transaction code “A” reflects a grant or award of phantom stock units under a Zoetis plan, which are settled in cash rather than through direct purchases or sales of Zoetis common shares.
When and how are Zoetis (ZTS) phantom stock units for Kevin Esch settled?
The phantom stock units are settled in cash after separation from service. Under the Zoetis Supplemental Savings Plan, these units convert into a cash payment when Kevin Esch leaves the company, based on Zoetis’ share value and related cash-equivalent investments at that time.
Can Kevin Esch move his Zoetis (ZTS) phantom stock units between different investments?
Yes, he may transfer phantom stock units to alternative investment funds. The plan allows transfers among investment options, although Zoetis may limit the timing, frequency, and permissibility of such transfers as part of the Supplemental Savings Plan’s administrative rules.