Zoetis EVP granted new phantom stock units
Driscoll Rimma reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Driscoll Rimma reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Rimma Driscoll received a grant of 237.6361 phantom stock units on July 10, 2026 at a reference value of $26.2200 per unit under the Zoetis Supplemental Savings Plan, bringing her total phantom stock unit balance to 6,273.3823 units, economically corresponding to 82.4619 phantom common stock equivalents.
These phantom stock units are settled in cash after her separation from service and may be reallocated among investment funds, with Zoetis able to limit transfer timing and frequency; their value is determined by Zoetis common stock performance plus a small cash-equivalent component.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 237.6361 | $26.22 | $6K |
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 did Zoetis (ZTS) executive Rimma Driscoll report in this Form 4?
How many phantom stock units were granted to Zoetis (ZTS) EVP Rimma Driscoll?
What are phantom stock units in the Zoetis (ZTS) Supplemental Savings Plan?
Does Rimma Driscoll’s Zoetis (ZTS) Form 4 show open-market buying or selling?
When will the Zoetis (ZTS) phantom stock units granted to Rimma Driscoll be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.