[Form 4] Zoetis Inc. Insider Trading Activity

Zoetis Inc. Executive Vice President Kevin Esch reported a compensation-related grant of phantom stock units.

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.

Insider Trade Summary

Grant/Award: 1.3946 shares

Grant/Award 1 txn

Insider Esch Kevin

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	1.3946	$39.64	$55.28

Holdings After Transaction: Phantom Stock Unit — 498.3855 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 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

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

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.

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

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Accepted by SEC EDGAR 04/13/2026 - 06:02 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)
04/10/2026

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)	04/10/2026		A		1.3946		(1)	(1)	Common Stock	0.469	$39.64	498.3855	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	04/13/2026
	** 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)