Zoetis (ZTS) CEO awarded new cash-settled Phantom Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. Chief Executive Officer Kristin C. Peck received a grant of 4,391.2607 Phantom Stock Units at a reference price of $38.20 per unit. Following this award, she holds a total of 62,802.0367 Phantom Stock Units.
Each Phantom Stock Unit represents a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments, which typically account for around 5% of the unit’s total value. These units were acquired under the Zoetis Supplemental Savings Plan and will be settled in cash after her separation from service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PECK KRISTIN C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 4,391.261 | $38.20 | $168K |
Holdings After Transaction:
Phantom Stock Unit — 62,802.037 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: 4,391.2607 units
Reference price per unit: $38.20 per unit
Total Phantom Stock Units after grant: 62,802.0367 units
+2 more
5 metrics
Phantom Stock Units granted
4,391.2607 units
Grant on 2026-03-27 coded as acquisition (A)
Reference price per unit
$38.20 per unit
Price used for the Phantom Stock Unit award
Total Phantom Stock Units after grant
62,802.0367 units
Holdings following the reported transaction
Underlying common stock equivalent
1,479.8955 shares
Underlying Zoetis common stock for this derivative
Cash-equivalent portion
around 5% of unit value
Typical share of cash-equivalent investments per unit
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
"cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit"
FAQ
What did Zoetis (ZTS) CEO Kristin Peck report on this Form 4?
Kristin C. Peck reported receiving 4,391.2607 Phantom Stock Units under the Zoetis Supplemental Savings Plan. This is a compensation-related grant, not an open-market stock purchase or sale, and increases her total Phantom Stock Unit holdings to 62,802.0367 units.
How is the value of Zoetis (ZTS) Phantom Stock Units determined?
Each Phantom Stock Unit reflects the market value of Zoetis common stock plus cash-equivalent investments. The cash-equivalent component typically represents around 5% of the total unit value, so overall value moves with both the share price and those investments.
What is the reference price and size of the Zoetis (ZTS) CEO’s latest Phantom Stock Unit grant?
The latest grant to the CEO covers 4,391.2607 Phantom Stock Units at a reference price of $38.20 per unit. This award increases her total Phantom Stock Unit balance to 62,802.0367 units under the company’s supplemental savings arrangement.
Does this Zoetis (ZTS) Form 4 show any open-market stock buying or selling by the CEO?
No, the Form 4 shows a grant of Phantom Stock Units as compensation, coded as an acquisition (A). It does not report any open-market purchases or sales of Zoetis common stock by the CEO in this particular filing.