Zoetis (ZTS) EVP receives new phantom stock unit award
Rhea-AI Filing Summary
Ferran Astorga Jeannette reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Ferran Astorga Jeannette received a grant of 4.997 phantom stock units on April 10, 2026. The award was made under the Zoetis Supplemental Savings Plan and increases the executive’s total phantom stock unit holdings to 2,250.8297 units.
These phantom stock units are cash-settled after the executive separates from service and may be reallocated among investment funds within plan limits. Each unit’s value is tied to the market value of Zoetis common stock plus a small cash-equivalent investment component that typically represents around 5% of the total value.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 4.997 | $39.64 | $198.08 |
Footnotes (2)
- 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.
- 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
Key Terms
Phantom Stock Unit financial
Zoetis Supplemental Savings Plan financial
cash-equivalent investments financial
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