Form 4: Zoetis CEO Kristin Peck Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Zoetis CEO Kristin Peck reports acquisition of phantom stock units and adjustments to direct ownership of common stock.
Summary
- Kristin C Peck, CEO of Zoetis Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 28, 2025, Peck acquired 2,874.3455 phantom stock units pursuant to the Zoetis Supplemental Savings Plan.
- These phantom stock units are settled in cash upon separation from service and can be transferred to alternative investment funds.
- Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus a small amount of cash-equivalent investments.
- Peck also directly owns 54,588.3126 shares of Zoetis common stock.
- The price of the common stock was $53.18.
Sentiment
Score: 5
Explanation: This is a routine filing; sentiment is neutral as it simply reports changes in ownership.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their holdings, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction involving phantom stock units and common stock. |
| 03/31/2025 | Date of signature for the Form 4 filing. |
Keywords
Zoetis, Kristin Peck, Form 4, Beneficial Ownership, Phantom Stock Units, Stock Options, SEC Filing
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