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Zoetis (ZTS) EVP Julie Fuller granted cash-settled phantom units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FULLER JULIE reported acquisition or exercise transactions in this Form 4 filing.

Zoetis Inc. Executive Vice President Julie Fuller received a grant of 550.6435 phantom stock units on Zoetis common stock at a reference price of $39.64 per unit. Following this award, she holds a total of 1,798.0366 phantom stock units.

Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus a small amount of cash-equivalent investments, which typically account for around 5% of the unit’s total value. The units are settled in cash after her separation from service and may be transferred into an alternative investment fund, subject to Zoetis’ limits on the timing, frequency and permissibility of such transfers.

Positive

  • None.

Negative

  • None.
Insider FULLER JULIE
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 550.6435 $39.64 $22K
Holdings After Transaction: Phantom Stock Unit — 1,798.0366 shares (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.
Phantom units granted 550.6435 units Phantom Stock Unit grant on April 10, 2026
Reference price per unit $39.64 per unit Price used for the phantom stock unit grant
Total phantom units after grant 1,798.0366 units Holdings following the reported transaction
Underlying common stock equivalent 185.1986 shares Underlying Zoetis common stock referenced by derivative
Cash-equivalent portion of unit value around 5% Typical share of total phantom unit value
Phantom Stock Unit financial
"These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash"
Zoetis Supplemental Savings Plan financial
"These phantom stock units, which were 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% of the total value"
phantom share financial
"Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock"

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FAQ

What did Zoetis (ZTS) disclose about Julie Fuller’s latest compensation grant?
Zoetis reported that Executive Vice President Julie Fuller received 550.6435 phantom stock units at a reference price of $39.64. After this grant, she holds 1,798.0366 phantom stock units, which are cash-settled based on Zoetis’ share price and related cash-equivalent investments.

How do the Zoetis (ZTS) phantom stock units granted to Julie Fuller work?
Each phantom stock unit references the market value of a fraction of a Zoetis common share plus about 5% in cash-equivalent investments. The units are not actual shares and are settled in cash after Julie Fuller’s separation from service with Zoetis, reflecting their tracked value.

When will Julie Fuller’s Zoetis (ZTS) phantom stock units be paid out?
The phantom stock units are settled in cash after Julie Fuller separates from service with Zoetis. Their value at settlement is determined by Zoetis’ common stock price and the value of associated cash-equivalent investments at that time, under the Supplemental Savings Plan.

Can Julie Fuller move her Zoetis (ZTS) phantom stock units into other investments?
The filing states that Julie Fuller may transfer the phantom stock units into an alternative investment fund at any time. However, Zoetis may limit the timing, frequency and permissibility of transfers between investment funds under the Supplemental Savings Plan rules.

Do Zoetis (ZTS) phantom stock units give Julie Fuller actual ZTS shares?
No, the phantom stock units do not provide actual Zoetis shares. They represent a cash-settled right whose value is linked to Zoetis’ common stock price plus a small cash-equivalent component, and are paid in cash after separation from service rather than delivering stock.

How many Zoetis (ZTS) phantom stock units does Julie Fuller hold after this Form 4?
After the reported grant, Julie Fuller holds a total of 1,798.0366 phantom stock units. These units track the value of Zoetis common stock and cash-equivalent investments and are part of the Zoetis Supplemental Savings Plan, to be settled in cash after separation.
SEC Form 4
FORM 4UNITED 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*
FULLER JULIE
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)(2)04/10/2026A550.6435 (1) (1)Common Stock185.1986$39.641,798.0366D
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-Fact04/13/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR