STOCK TITAN

Zoetis (NYSE: ZTS) CFO receives cash-settled phantom stock award

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

Rhea-AI Filing Summary

Joseph Wetteny reported acquisition or exercise transactions in this Form 4 filing.

Zoetis Inc. reported that Chief Financial Officer Joseph Wetteny received a grant of 873.9476 phantom stock units on April 10, 2026 under the Zoetis Supplemental Savings Plan. Each unit’s value is tied to Zoetis common stock plus a small cash-equivalent component.

The units are cash-settled after his separation from service rather than delivering actual shares. Following this award, Wetteny holds a total of 9,792.3028 phantom stock units, notionally referencing 293.9359 shares of Zoetis common stock. This filing reflects routine compensation, not an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Joseph Wetteny
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 873.948 $39.64 $35K
Holdings After Transaction: Phantom Stock Unit — 9,792.303 shares (Direct)
Footnotes (1)
  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. 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 873.9476 units Grant on April 10, 2026
Reference share value $39.6400 per unit Phantom stock unit value reference
Total phantom units after grant 9,792.3028 units Holdings following transaction
Underlying common stock reference 293.9359 shares Notional Zoetis common stock equivalent
Cash-equivalent portion around 5% of unit value Typical share of 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"
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*
Joseph Wetteny

(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)
Chief Financial Officer
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)04/10/2026A873.9476 (1) (1)Common Stock293.9359$39.649,792.3028D
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)

FAQ

What insider transaction did Zoetis (ZTS) CFO Joseph Wetteny report?

Zoetis CFO Joseph Wetteny reported receiving 873.9476 phantom stock units as a compensation-related award. The units were granted under the Zoetis Supplemental Savings Plan and increase his total phantom stock holdings to 9,792.3028 units, all settled in cash rather than actual Zoetis shares.

What is a phantom stock unit in the Zoetis (ZTS) Form 4 filing?

A phantom stock unit is a cash-settled award whose value is based on Zoetis common stock plus cash-equivalent investments. It does not represent actual shares or voting rights. The value tracks Zoetis’ share price and a small cash component, typically around 5% of the total value.

Does Zoetis (ZTS) CFO’s phantom stock grant involve real shares?

The reported phantom stock grant does not involve issuing real Zoetis shares. The units are settled entirely in cash after the executive’s separation from service, and their value is determined by Zoetis’ stock price and a small cash-equivalent portion, rather than delivering voting equity.

How many phantom stock units does the Zoetis (ZTS) CFO hold after this grant?

After receiving 873.9476 new phantom stock units, Zoetis CFO Joseph Wetteny holds 9,792.3028 phantom stock units in total. These units notionally reference 293.9359 shares of Zoetis common stock, but will be paid in cash rather than stock when eventually settled.

Is the Zoetis (ZTS) CFO Form 4 transaction a stock buy or sale?

The Form 4 transaction is an acquisition of phantom stock units as a compensation award, not a market buy or sale of Zoetis shares. It reflects routine executive compensation through the Zoetis Supplemental Savings Plan, with future cash settlement tied to Zoetis’ stock performance.

How is the value of the Zoetis (ZTS) phantom stock units determined?

Each phantom stock unit’s value is based on a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments. The cash-equivalent portion usually represents about 5% of total value, so the overall unit value tracks Zoetis’ share price and these cash-like holdings.