Zoetis EVP awarded phantom stock units under plan
Lagano Roxanne reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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 314.6453 phantom stock units at $26.2200 per unit under the Zoetis Supplemental Savings Plan. These cash-settled units track Zoetis common stock plus cash-equivalent investments and increase her phantom stock unit balance to 30,946.8610.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 314.6453 | $26.22 | $8K |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zoetis (ZTS) report for Roxanne Lagano?
Are the phantom stock units in the Zoetis (ZTS) Form 4 settled in stock or cash?
How many phantom stock units does Roxanne Lagano hold after this Zoetis (ZTS) transaction?
What underlying Zoetis (ZTS) common stock is tied to the new phantom stock unit grant?
Is the Zoetis (ZTS) phantom stock unit grant an open-market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.