Zoetis director buys 3,000 shares via trust
Zoetis Inc. director Michael B. McCallister reported an open-market purchase of 3,000 shares of Zoetis common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. director Michael B. McCallister reported an open-market purchase of 3,000 shares of Zoetis common stock. The shares were bought indirectly through a family trust at a weighted average price of $77.7578 per share, with individual trade prices ranging from $77.72 to $77.80.
After this purchase, one trust associated with McCallister holds 24,524 Zoetis shares indirectly, while separate records show 1,209 shares held directly and additional shares held through another trust for his spouse and family.
Insider Trade Summary
Net Buyer: 3,000 shares
Net Buy
3 txns
Insider
MCCALLISTER MICHAEL B
Role
Director
Bought
3,000 shs ($233K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $77.7578 | $233K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,684 shares (Indirect, By trust);
Common Stock — 1,209 shares (Direct)
Footnotes (3)
- F1. The Price reported in Table I, Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.72 to $77.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. Shares held in the Michael and Charlene McCallister Family Trust DTD 11/14/2014 Charlene G. McCallister & Mr. Michael B McCallister, TTEEs, for the benefit of the reporting person and the reporting person's spouse.
- F3. Shares held in the Charlene McCallister Revocable Trust of which the reporting person's spouse is a settlor, trustee and a beneficiary.
Key Figures
Shares purchased: 3,000 shares
Weighted average price: $77.7578 per share
Price range: $77.72–$77.80 per share
+3 more
6 metrics
Shares purchased
3,000 shares
Open-market purchase by family trust
Weighted average price
$77.7578 per share
Average of multiple trades
Price range
$77.72–$77.80 per share
Range of individual purchase prices
Indirect trust holding
24,524 shares
Shares held by Michael and Charlene McCallister Family Trust after purchase
Direct holding
1,209 shares
Shares held directly by McCallister
Additional indirect holding
6,160 shares
Shares held indirectly by trust as reported in a separate entry
Key Terms
open-market purchase, weighted average price, indirect, revocable trust, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The Price reported in Table I, Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"ownership_type: indirect"
revocable trust financial
"Shares held in the Charlene McCallister Revocable Trust of which the reporting person's spouse is a settlor, trustee and a beneficiary."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Zoetis (ZTS) disclose for Michael B. McCallister?
Zoetis disclosed that director Michael B. McCallister purchased 3,000 shares of common stock. The shares were acquired in the open market through a family trust, indicating an increase in his indirect ownership rather than a sale or option exercise.
Was the Zoetis (ZTS) insider transaction a purchase or a sale?
The reported insider transaction was a purchase of 3,000 Zoetis shares. It is coded as an open-market purchase (transaction code P), meaning shares were bought rather than sold, and no derivative exercises or tax-withholding dispositions were reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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