Zoetis CFO receives phantom stock unit award
Joseph Wetteny reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Joseph Wetteny reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Chief Financial Officer Joseph Wetteny reported a compensation-related award of 363.0526 phantom stock units under the Zoetis Supplemental Savings Plan on July 10, 2026, at a reference value of $26.2200 per unit. These units are settled in cash after separation from service and their value is tied to Zoetis common stock plus cash-equivalent investments, which typically represent around 5% of each unit’s value. Following this credit, Wetteny holds 10,155.3554 phantom stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 363.0526 | $26.22 | $10K |
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
separation from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zoetis (ZTS) CFO Joseph Wetteny report?
How many phantom stock units did the Zoetis (ZTS) CFO receive and at what value?
What is a phantom stock unit in the Zoetis (ZTS) Supplemental Savings Plan?
When and how are the Zoetis (ZTS) CFO’s phantom stock units settled?
What is Joseph Wetteny’s total phantom stock unit balance at Zoetis (ZTS) after this award?
Do Zoetis (ZTS) phantom stock units include cash-equivalent investments?
AI-generated analysis. How Rhea-AI works. Not financial advice.