Form 4: Zoetis Executive Banque Soria Ester Reports Acquisition of Phantom Stock Units

Executive Vice President Banque Soria Ester reports acquisition of phantom stock units in Zoetis Inc. through the Zoetis Supplemental Savings Plan.

Summary

• On July 12, 2024, Banque Soria Ester, an Executive Vice President at Zoetis Inc., acquired phantom stock units pursuant to the Zoetis Supplemental Savings Plan.
• A total of 140.3957 phantom stock units were acquired at a price of $57.53 per unit.
• Following the transaction, the reporting person beneficially owns 165.6472 phantom stock units.
• These phantom stock units are settled in cash following the reporting person's separation from service and may be transferred into an alternative investment fund.
• Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's acquisition of phantom stock units. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The phantom stock units are settled in cash following the reporting person's separation from service.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. This filing indicates an executive's participation in the company's savings plan.

Key Dates