Form 4: Zoetis Director Willie M. Reed Sells 1,370 Shares of Common Stock
SEC Form 4 Filing
Director Willie M. Reed of Zoetis Inc. sold 1,370 shares of common stock at a price of $182.675 per share on March 11, 2024.
Summary
- On March 11, 2024, Willie M. Reed, a director of Zoetis Inc., sold 1,370 shares of the company's common stock.
- The sale was executed at a price of $182.675 per share.
- Following the transaction, Reed directly owns 9,994 shares of Zoetis Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company. It's a routine transaction that requires disclosure.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the relatively small number of shares sold is unlikely to have a significant material impact.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Willie M. Reed sold 1,370 shares of Zoetis Inc. common stock. |
| 03/12/2024 | Date of signature: Brenda Santuccio, as Attorney-in-Fact, signed the Form 4 on behalf of Willie M. Reed. |
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