Zoetis CFO granted phantom stock units
Joseph Wetteny reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 873.9476 | $39.64 | $35K |
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 insider transaction did Zoetis (ZTS) CFO Joseph Wetteny report?
What is a phantom stock unit in the Zoetis (ZTS) Form 4 filing?
How many phantom stock units does the Zoetis (ZTS) CFO hold after this grant?
Is the Zoetis (ZTS) CFO Form 4 transaction a stock buy or sale?
How is the value of the Zoetis (ZTS) phantom stock units determined?
AI-generated analysis. How Rhea-AI works. Not financial advice.