Zoetis (ZTS) EVP Roxanne Lagano receives 550 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lagano Roxanne reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Roxanne Lagano received a grant of 550.6436 phantom stock units under the Zoetis Supplemental Savings Plan. Each unit’s value is tied to Zoetis common stock plus a small cash-equivalent component, and the award is settled in cash after her separation from service.
The grant corresponds to 185.1986 shares of underlying Zoetis common stock for value-tracking purposes, and brings her total phantom stock unit balance to 30,632.2157 units. The units may be transferred into alternative investment funds, although Zoetis may limit the timing and frequency of such transfers.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lagano Roxanne
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 550.644 | $39.64 | $22K |
Holdings After Transaction:
Phantom Stock Unit — 30,632.216 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: 550.6436 units
Reference price per unit: $39.6400
Total phantom units after grant: 30,632.2157 units
+2 more
5 metrics
Phantom stock units granted
550.6436 units
Grant under Zoetis Supplemental Savings Plan on April 10, 2026
Reference price per unit
$39.6400
Transaction price per phantom stock unit
Total phantom units after grant
30,632.2157 units
Phantom stock unit balance following the transaction
Underlying common stock
185.1986 shares
Underlying Zoetis common stock amount linked to the grant
Cash-equivalent component
around 5%
Typical share 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, 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 did Zoetis (ZTS) executive Roxanne Lagano report in this Form 4?
Roxanne Lagano reported receiving a grant of 550.6436 phantom stock units under the Zoetis Supplemental Savings Plan. These units track the value of Zoetis common stock and increase her total phantom stock unit holdings to 30,632.2157 units after the transaction.
How many Zoetis phantom stock units were granted to Roxanne Lagano?
She was granted 550.6436 phantom stock units. This award is recorded as a derivative acquisition and is designed to mirror the value of Zoetis common stock, with an additional small cash-equivalent component embedded in each unit’s value calculation.
How are Roxanne Lagano’s Zoetis phantom stock units valued?
Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments. The filing notes the cash-equivalent investments typically represent around 5% of total unit value, with overall value determined by Zoetis’ market price and those cash-equivalents.
When will Roxanne Lagano’s Zoetis phantom stock units be settled?
The phantom stock units are settled in cash following her separation from service. Until then, she may transfer them into alternative investment funds, subject to Zoetis’ ability to limit the timing, frequency and permissibility of such transfers under the plan rules.
What is the underlying Zoetis common stock amount for this phantom unit grant?
The filing states the 550.6436 phantom stock units correspond to 185.1986 underlying shares of Zoetis common stock for value-tracking purposes. This linkage helps determine how the phantom units’ value moves with the market price of Zoetis shares over time.