Zoetis (ZTS) EVP Rimma Driscoll Reports Phantom Stock Unit Grant
Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Rimma Driscoll reported an acquisition of 141.4427 phantom stock units on January 9, 2026. These units were credited at a reference value of $42.42 per unit under the Zoetis Supplemental Savings Plan, bringing her total phantom stock unit balance to 5,367.8047 units held as a direct interest. The phantom stock units are settled in cash after her separation from service, and their value is determined by the market value of Zoetis common stock plus a small portion in cash-equivalent investments, which typically represent around 5% of each unit’s total value.
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FAQ
What insider transaction did Zoetis (ZTS) report for Rimma Driscoll?
Zoetis reported that Executive Vice President Rimma Driscoll acquired 141.4427 phantom stock units on January 9, 2026 as a derivative securities transaction.
At what reference value were the new Zoetis (ZTS) phantom stock units credited?
The newly acquired phantom stock units were credited at a reference value of $42.42 per unit, as shown in the derivative securities table.
How many Zoetis (ZTS) phantom stock units does Rimma Driscoll hold after this transaction?
Following this transaction, Rimma Driscoll beneficially owns a total of 5,367.8047 phantom stock units, reported as direct ownership.
What is a Zoetis (ZTS) phantom stock unit in this context?
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 portion typically represents around 5% of the unit’s total value, and the overall value is determined by the market value of Zoetis common stock and the cash-equivalent investments.
How and when are Zoetis (ZTS) phantom stock units for Rimma Driscoll settled?
The phantom stock units acquired under the Zoetis Supplemental Savings Plan are settled in cash following the reporting person’s separation from service, rather than in actual Zoetis shares.
Can Zoetis (ZTS) phantom stock units be reallocated among investment options?
The filing states that the reporting person may transfer the phantom stock units into an alternative investment fund at any time, although Zoetis may limit the timing, frequency, and permissibility of transfers between investment funds.