Zoetis director gifts 1,209 shares to family trust
Zoetis Inc. director Michael B. McCallister reported a bona fide gift of 1,209 shares of Zoetis common stock.
Rhea-AI Filing Summary
Zoetis Inc. director Michael B. McCallister reported a bona fide gift of 1,209 shares of Zoetis common stock. The shares were transferred from his direct holdings to a trust where he serves as trustee, consolidating ownership within a family trust structure.
Following the transaction, McCallister reports no directly held Zoetis shares and 31,893 shares held indirectly by the Michael and Charlene McCallister Family Trust DTD 11/14/2014. The filing shows no option exercises or sales; the activity reflects estate and account administration rather than market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,209 shares gifted
Gift
2 txns
Insider
MCCALLISTER MICHAEL B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,209 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 31,893 shares (Indirect, By trust)
Footnotes (3)
- F1. The reporting person transferred 1,209 shares of Zoetis common stock to a trust of which the reporting person is a trustee.
- F2. For ease of administration when moving shares between brokerage firms, the shares previously reported under the Charlene McCallister Revocable Trust are now included in the holdings of the Michael and Charlene McCallister Family Trust DTD 11/14/2014.
- F3. Shares held in the Michael and Charlene McCallister Family Trust DTD 11/14/2014 Charlene G. McCallister & Mr. Michael B McCallister, TTEEs, for the benefit of the reporting person and the reporting person's spouse.
Key Figures
Gifted shares: 1,209 shares
Indirect holdings after transaction: 31,893 shares
Direct holdings after transaction: 0 shares
+1 more
4 metrics
Gifted shares
1,209 shares
Bona fide gift of Zoetis common stock on 2026-06-10
Indirect holdings after transaction
31,893 shares
Shares held by Michael and Charlene McCallister Family Trust after gift
Direct holdings after transaction
0 shares
Direct Zoetis common stock held by Michael McCallister post-transaction
Gift transactions count
1 transaction
Single bona fide gift reported in this Form 4
Key Terms
bona fide gift, Common Stock, indirect ownership, trustee, +1 more
5 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"ownership_type: indirect"
trustee financial
"trust of which the reporting person is a trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Family Trust DTD 11/14/2014 financial
"Michael and Charlene McCallister Family Trust DTD 11/14/2014"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zoetis (ZTS) director Michael McCallister report?
Michael B. McCallister reported a bona fide gift of 1,209 shares of Zoetis common stock. The shares were transferred from his direct ownership to a trust structure, reflecting estate or account administration rather than an open-market sale or purchase activity.
What are Michael McCallister’s Zoetis (ZTS) holdings after the reported gift?
After the gift, Michael McCallister reports 0 directly held shares and 31,893 shares held indirectly by the Michael and Charlene McCallister Family Trust. The trust holds shares for the benefit of him and his spouse according to the filing footnotes.
Was the Zoetis (ZTS) insider transaction a sale on the open market?
No, the reported transaction was a bona fide gift, not an open-market sale. Shares were transferred to a trust where Michael McCallister is a trustee, indicating an internal ownership reorganization rather than trading in the public market.
What do the trusts mentioned in Michael McCallister’s Zoetis (ZTS) filing represent?
The filing notes shares are now held in the Michael and Charlene McCallister Family Trust DTD 11/14/2014. Footnotes explain this consolidates shares previously in the Charlene McCallister Revocable Trust for easier administration, benefiting McCallister and his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
