Zoetis (ZTS) EVP Julie Fuller receives 669 Phantom Stock Units in cash-settled grant

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 669.3367 Phantom Stock Units tied to Zoetis common stock. These units were awarded at a reference value of $38.2000 per unit under the Zoetis Supplemental Savings Plan and are settled in cash after she leaves the company.

Following this award, Fuller holds a total of 1247.3931 Phantom Stock Units. Each unit represents a fraction of a phantom share of Zoetis common stock plus cash-equivalent investments, which typically account for around 5% of each unit’s value, so the unit value tracks the Zoetis share price and these cash-equivalent holdings.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FULLER JULIE

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	669.337	$38.20	$26K

Holdings After Transaction: Phantom Stock Unit — 1,247.393 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.

Key Figures

Phantom Stock Units granted: 669.3367 units Reference value per unit: $38.2000 per unit Total Phantom Stock Units after grant: 1247.3931 units +2 more

5 metrics

Phantom Stock Units granted 669.3367 units Grant on 2026-03-27 as derivative award

Reference value per unit $38.2000 per unit Transaction price per Phantom Stock Unit

Total Phantom Stock Units after grant 1247.3931 units Holdings following reported transaction

Underlying common stock 225.5727 shares Underlying Zoetis common stock tied to this grant

Cash-equivalent portion around 5% Typical cash-equivalent share of each Phantom Stock Unit’s value

Key Terms

Phantom Stock Unit, Zoetis Supplemental Savings Plan, cash-equivalent investments, underlying security

4 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

"plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value"

underlying security financial

"underlying_security_title": "Common Stock","underlying_security_shares": "225.5727""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit(1)	(2)	03/27/2026		A		669.3367		(1)	(1)	Common Stock	225.5727	$38.2	1,247.3931	D

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-Fact	03/31/2026
	** Signature of Reporting Person	Date
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 did Zoetis (ZTS) Executive Vice President Julie Fuller report on this Form 4?

Julie Fuller reported receiving 669.3367 Phantom Stock Units as a compensation grant. These derivative units reference Zoetis common stock and cash-equivalent investments, increasing her total Phantom Stock Unit holdings to 1247.3931 under the Zoetis Supplemental Savings Plan.

How are Julie Fuller’s Phantom Stock Units at Zoetis (ZTS) valued?

Each Phantom Stock Unit’s value is based on Zoetis common stock plus cash-equivalent investments. The cash-equivalent component typically represents around 5% of each unit’s total value, so overall value moves with Zoetis’ share price and the cash-equivalent investment performance.

Will Julie Fuller receive Zoetis (ZTS) shares from these Phantom Stock Units?

No, the Phantom Stock Units are settled in cash after her separation from Zoetis. The amount of cash she receives is determined by the market value of Zoetis common stock and the cash-equivalent investments when the units are ultimately paid.

How many Phantom Stock Units does Julie Fuller hold in total at Zoetis (ZTS)?

After the reported grant, Julie Fuller holds 1247.3931 Phantom Stock Units. These units all track the value of Zoetis common stock plus a small cash-equivalent component, and they are part of the Zoetis Supplemental Savings Plan arrangement.

What underlying Zoetis (ZTS) common stock amount is linked to the reported Phantom Stock Units?

The 669.3367 Phantom Stock Units granted are linked to 225.5727 shares of Zoetis common stock on an underlying basis. This linkage is used to determine how the cash value of the Phantom Stock Units changes with Zoetis’ share price over time.