Form 4: Zoetis Executive Rimma Driscoll Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Rimma Driscoll reports acquisition and disposal of phantom stock units related to Zoetis' Supplemental Savings Plan.
Summary
- Rimma Driscoll, an Executive Vice President at Zoetis Inc., filed a Form 4 with the SEC on April 9, 2024.
- The filing reports changes in beneficial ownership of Zoetis securities.
- On April 5, 2024, Driscoll acquired phantom stock units pursuant to the Zoetis Supplemental Savings Plan.
- She acquired 16.2331 phantom stock units.
- Driscoll also disposed of 5.2176 phantom stock units at a price of $53.31, leaving her with 4,269.2612 phantom stock units.
- These phantom stock units are settled in cash following separation from service and can be transferred to alternative investment funds, subject to Zoetis' limitations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies like Zoetis.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of phantom stock unit acquisition and disposal. |
| 04/09/2024 | Date of Form 4 filing. |
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