Form 4: Zoetis EVP Rimma Driscoll Acquires Phantom Stock Units

Zoetis Inc. Executive Vice President Rimma Driscoll increased her beneficial ownership by acquiring 149.8609 phantom stock units on October 10, 2025.

Summary

• Rimma Driscoll, Executive Vice President of Zoetis Inc. (ZTS), acquired 149.8609 phantom stock units.
• The transaction occurred on October 10, 2025, pursuant to the Zoetis Supplemental Savings Plan.
• Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (typically around 5% of the total value).
• 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.
• The acquired 149.8609 phantom stock units underlie 49.6067 shares of Zoetis common stock.
• The price of the derivative security (phantom stock unit) for this transaction was $46.71.
• Following this acquisition, Ms. Driscoll beneficially owns a total of 5,226.362 phantom stock units.
• These phantom stock units are settled in cash upon the reporting person's separation from service.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock units by an executive is generally viewed as a positive signal of confidence in the company's future, though the units are cash-settled rather than direct equity.

Positives

• The acquisition of phantom stock units by an Executive Vice President may signal management's confidence in the company's future performance.
• Participation in the Zoetis Supplemental Savings Plan indicates alignment of executive interests with long-term shareholder value.

Negatives

• Phantom stock units are settled in cash, not actual equity, meaning the reporting person does not directly hold common stock or possess voting rights.
• The value of phantom stock units is tied to the market value of Zoetis common stock, exposing the holder to market fluctuations without direct ownership benefits.

Risks

• The value of the phantom stock units is subject to the market value of Zoetis common stock and cash-equivalent investments, exposing the holder to market volatility.
• Zoetis may limit the timing, frequency, and permissibility of transfers from one investment fund to another within the Supplemental Savings Plan.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

This transaction is a routine insider compensation disclosure and does not directly reflect broader industry trends in the animal health sector. It primarily pertains to executive compensation practices within Zoetis Inc.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders may view this insider acquisition as a minor positive signal of management's alignment with company performance, potentially reinforcing confidence in the stock.

Key Dates

Keywords

Zoetis, ZTS, Phantom Stock Units, Insider Transaction, SEC Form 4, Executive Compensation, Rimma Driscoll, Supplemental Savings Plan