Zoetis (NYSE: ZTS) EVP gains phantom stock units in savings plan
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.
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 | 314.645 | $26.22 | $8K |
Holdings After Transaction:
Phantom Stock Unit — 30,946.861 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: 314.6453 units
Grant reference price: $26.2200 per unit
Underlying common stock: 109.1848 shares
+1 more
4 metrics
Phantom stock units granted
314.6453 units
Grant on 2026-07-10 to Executive Vice President Roxanne Lagano
Grant reference price
$26.2200 per unit
Reference value per phantom stock unit for this award
Underlying common stock
109.1848 shares
Underlying Zoetis common stock linked to the granted phantom units
Phantom stock units after grant
30,946.8610 units
Total phantom stock units held directly following the transaction
Key Terms
Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments
3 terms
Phantom Stock Unit financial
"These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan"
Zoetis Supplemental Savings Plan financial
"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%"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zoetis (ZTS) report for Roxanne Lagano?
Zoetis reported that Executive Vice President Roxanne Lagano was granted 314.6453 phantom stock units at $26.2200 per unit. The units were awarded under the Zoetis Supplemental Savings Plan and are linked in value to Zoetis common stock and cash-equivalent investments.
Are the phantom stock units in the Zoetis (ZTS) Form 4 settled in stock or cash?
The phantom stock units are settled in cash following Roxanne Lagano’s separation from service. Their value is determined by Zoetis common stock plus cash-equivalent investments, so they track performance but do not convert into actual shares.
How many phantom stock units does Roxanne Lagano hold after this Zoetis (ZTS) transaction?
After the grant, Roxanne Lagano directly holds 30,946.8610 phantom stock units. This total reflects her updated balance within the Zoetis Supplemental Savings Plan and represents a cash-settled, stock-linked compensation position rather than direct common share ownership.
What underlying Zoetis (ZTS) common stock is tied to the new phantom stock unit grant?
The reported grant of 314.6453 phantom stock units corresponds to 109.1848 underlying shares of Zoetis common stock. Each unit represents a fraction of a phantom share plus a small portion of cash-equivalent investments, typically around 5% of total value.
Is the Zoetis (ZTS) phantom stock unit grant an open-market purchase or sale?
No. The transaction is a grant/award acquisition of phantom stock units under a company plan, coded "A" on Form 4. It is compensation-related, not an open-market buy or sell of Zoetis common stock in the public market.