Zoetis director receives phantom stock unit grant

Stetter Mark reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Stetter Mark reported acquisition or exercise transactions in this Form 4 filing.

Zoetis Inc. director Mark Stetter reported receiving a grant of 317.6216 phantom stock units tied to Zoetis common stock, based on a value of $78.71 per unit. These units reflect the deferral of his director cash retainer into the Zoetis stock fund and bring his total phantom stock unit balance to 534.0883. Each phantom stock unit is economically equivalent to one Zoetis common share but will be settled in cash after he separates from service, so this filing reflects non-employee director compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 317.6216 shares

Grant/Award 1 txn

Insider Stetter Mark

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	317.6216	$78.71	$25K

Holdings After Transaction: Phantom Stock Unit — 534.0883 contracts (Direct)

Footnotes (3)

1. F1. These phantom stock units were acquired pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan and represent the director's deferral of all or a portion of his or her cash retainer fees invested in the Zoetis stock fund (including dividend equivalents thereon).
2. F2. Each phantom stock unit represents one share of Zoetis Inc. common stock.
3. F3. These phantom stock units will be settled in cash following the reporting person's separation from service.

Key Figures

Phantom stock units granted: 317.6216 units Unit valuation: $78.71 per unit Total phantom units after grant: 534.0883 units +1 more

4 metrics

Phantom stock units granted 317.6216 units Grant under Non-Employee Director Deferred Compensation Plan on June 18, 2026

Unit valuation $78.71 per unit Value used for phantom stock unit grant

Total phantom units after grant 534.0883 units Director’s phantom stock unit balance following transaction

Conversion ratio 1 unit : 1 share Each phantom stock unit represents one Zoetis common share economically

Key Terms

Phantom Stock Unit, Amended and Restated Non-Employee Director Deferred Compensation Plan, dividend equivalents, settled in cash

4 terms

Phantom Stock Unit financial

"These phantom stock units were acquired pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan"

Amended and Restated Non-Employee Director Deferred Compensation Plan financial

"pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan"

dividend equivalents financial

"invested in the Zoetis stock fund (including dividend equivalents thereon)"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

settled in cash financial

"These phantom stock units will be settled in cash following the reporting person's separation from service."

FAQ

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

What did Zoetis (ZTS) director Mark Stetter report in this Form 4 filing?

Mark Stetter reported receiving 317.6216 phantom stock units as director compensation. These units come from deferring his cash retainer into a Zoetis stock fund and increase his total phantom unit balance to 534.0883.

Are the Zoetis (ZTS) phantom stock units in this filing real shares of common stock?

The phantom stock units are not actual Zoetis shares; they are bookkeeping units. Each unit tracks the value of one Zoetis common share but will ultimately be settled in cash, not stock, after the director leaves the board.

How were the phantom stock units granted to the Zoetis (ZTS) director valued?

The 317.6216 phantom stock units were valued at $78.71 per unit for accounting purposes. This value reflects investment of the director’s deferred cash retainer fees into a Zoetis stock fund, including associated dividend equivalents.

When will the Zoetis (ZTS) phantom stock units be paid to the director?

The phantom stock units will be settled in cash after the director’s separation from service. Until then, they remain as deferred compensation tracking the value of Zoetis common stock, including dividend equivalents credited under the plan.

Does this Zoetis (ZTS) Form 4 show any open-market stock buying or selling?

No, the filing shows a grant of phantom stock units as deferred director compensation. It does not report any open-market purchases or sales of Zoetis common shares by the director during the reported period.

What plan governs the phantom stock units reported for Zoetis (ZTS)?

The phantom stock units were acquired under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan. This plan lets non-employee directors defer cash retainers into a Zoetis stock fund with dividend equivalents.

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

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Accepted by SEC EDGAR 06/22/2026 - 04:35 PM Learn about SEC filing dates

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^*

Stetter Mark

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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)	06/18/2026		A		317.6216		(3)	(3)	Common Stock	317.6216	$78.71	534.0883	D

Explanation of Responses:

1. These phantom stock units were acquired pursuant to the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan and represent the director's deferral of all or a portion of his or her cash retainer fees invested in the Zoetis stock fund (including dividend equivalents thereon).

2. Each phantom stock unit represents one share of Zoetis Inc. common stock.

3. These phantom stock units will be settled in cash following the reporting person's separation from service.

Remarks:

	/s/ Brenda Santuccio, as Attorney-in-Fact	06/22/2026
	** 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)