Zoetis EVP granted 259 phantom stock units

Sarbaugh Keith reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 07/14/2026 - 05:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Sarbaugh Keith reported acquisition or exercise transactions in this Form 4 filing.

Zoetis Inc. Executive Vice President Keith Sarbaugh received a grant of 259.6384 phantom stock units on July 10, 2026 under the Zoetis Supplemental Savings Plan. These cash-settled units track the value of Zoetis common stock and increase his total phantom stock holdings to 2364.8311 units.

Insider Trade Summary

Grant/Award: 259.6384 shares

Grant/Award 1 txn

Insider Sarbaugh Keith

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit F1, F2	259.6384	$26.22	$7K

Holdings After Transaction: Phantom Stock Unit — 2,364.8311 units (Direct)

Footnotes (2)

1. 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.
2. 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

Phantom stock units granted: 259.6384 units Reference value per phantom unit: $26.2200 Total phantom stock units after grant: 2364.8311 units +2 more

5 metrics

Phantom stock units granted 259.6384 units Grant on 2026-07-10 to Executive Vice President Keith Sarbaugh

Reference value per phantom unit $26.2200 Transaction price per phantom stock unit on 2026-07-10

Total phantom stock units after grant 2364.8311 units Direct phantom stock unit holdings after the reported transaction

Underlying common stock equivalent 90.0969 shares Underlying Zoetis common stock associated with the phantom stock units

Cash-equivalent component around 5% Typical share of each phantom stock unit held as cash-equivalent investments

Key Terms

Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments, separation from service

4 terms

Phantom Stock Unit financial

"These phantom stock units, which were acquired pursuant to the Zoetis Supplemental"

Zoetis Supplemental Savings Plan financial

"which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled"

cash-equivalent investments financial

"plus a small amount of cash-equivalent investments (the cash-equivalent investments"

separation from service financial

"are settled in cash following the reporting person's separation from service and may"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Zoetis (ZTS) report for Keith Sarbaugh?

Zoetis reported that Executive Vice President Keith Sarbaugh received a grant of 259.6384 phantom stock units on July 10, 2026 under the Zoetis Supplemental Savings Plan, increasing his total phantom stock unit holdings to 2364.8311 units.

What are the key details of the phantom stock unit grant at Zoetis (ZTS)?

Keith Sarbaugh was granted 259.6384 phantom stock units with a reference value of $26.2200 per unit. The grant is part of the Zoetis Supplemental Savings Plan and is classified as a grant, award, or other acquisition of derivative securities.

How do Zoetis (ZTS) phantom stock units work for Keith Sarbaugh?

Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus about 5% cash-equivalent investments. The units are settled in cash after Keith Sarbaugh’s separation from service, with value tied to Zoetis’ stock and the cash-equivalent investments.

Does the Zoetis (ZTS) Form 4 show an open-market trade by Keith Sarbaugh?

No. The Form 4 reports a compensation-related grant of phantom stock units, not an open-market buy or sale of common stock. The transaction is categorized as a derivative grant/award acquisition under the Zoetis Supplemental Savings Plan and is settled in cash.

What is Keith Sarbaugh’s phantom stock balance at Zoetis (ZTS) after this grant?

Following the reported transaction, Keith Sarbaugh holds 2364.8311 phantom stock units directly. These plan units are cash-settled and their value is determined with reference to Zoetis common stock and associated cash-equivalent investments within the Supplemental Savings Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sarbaugh Keith

(Last) (First) (Middle)

C/O ZOETIS INC.

10 SYLVAN WAY

(Street)

PARSIPPANY NEW JERSEY 07054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zoetis Inc. [ ZTS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit(1)	(2)	07/10/2026		A		259.6384		(1)	(1)	Common Stock	90.0969	$26.22	2,364.8311	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Brenda Santuccio, as Attorney-in-Fact	07/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)