Zoetis (ZTS) EVP Roxanne Lagano granted 1,266 phantom stock units in savings plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lagano Roxanne reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Roxanne Lagano received a grant of 1,266.4405 phantom stock units under the Zoetis Supplemental Savings Plan. Each unit’s value is tied to Zoetis common stock plus a small cash-equivalent component, and units are settled in cash after separation from service.
The grant represents an economic interest equivalent to 426.8022 shares of Zoetis common stock, with a reference value of $38.2000 per phantom stock unit. Following this award, Lagano holds a total of 30,081.5721 phantom stock units, which remain subject to plan transfer and investment rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lagano Roxanne
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,266.441 | $38.20 | $48K |
Holdings After Transaction:
Phantom Stock Unit — 30,081.572 shares (Direct)
Footnotes (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.
Key Figures
Phantom stock units granted: 1,266.4405 units
Reference price per phantom unit: $38.2000 per unit
Underlying common stock equivalent: 426.8022 shares
+1 more
4 metrics
Phantom stock units granted
1,266.4405 units
Award on March 27, 2026
Reference price per phantom unit
$38.2000 per unit
Grant valuation reference
Underlying common stock equivalent
426.8022 shares
Economic exposure linked to grant
Total phantom units after grant
30,081.5721 units
Holdings following this transaction
Key Terms
Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments
3 terms
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
"a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value)"
FAQ
What did Zoetis (ZTS) executive Roxanne Lagano report on this Form 4?
Roxanne Lagano reported receiving 1,266.4405 phantom stock units as a compensation-related award. These units are issued under the Zoetis Supplemental Savings Plan and provide cash-settled economic exposure to Zoetis common stock, rather than actual shares with voting rights or direct stock ownership.
How are Roxanne Lagano’s Zoetis (ZTS) phantom stock units valued?
Each phantom stock unit’s value is based on Zoetis common stock plus cash-equivalent investments. The units reference a price of $38.2000 and typically include around 5% of value in cash-equivalent investments, so the overall value changes with Zoetis’ market price and those cash-like holdings.
How many Zoetis (ZTS) phantom stock units does Roxanne Lagano hold after this grant?
After this grant, Roxanne Lagano holds a total of 30,081.5721 phantom stock units. These units represent a deferred, cash-settled economic interest linked to Zoetis common stock and are subject to the Zoetis Supplemental Savings Plan’s rules on transfers and investment fund changes.
What underlying Zoetis (ZTS) common stock exposure is tied to this phantom stock grant?
This award corresponds economically to 426.8022 shares of Zoetis common stock, plus a small cash-equivalent component. The phantom units track the value of those reference shares and cash-equivalent investments but do not confer voting rights or direct share ownership for the reporting executive.