Form 4: Zoetis Executive Vice President Acquires Phantom Stock Units

Robert J. Polzer, Executive Vice President of Zoetis Inc., acquired phantom stock units through the Zoetis Supplemental Savings Plan.

Summary

• On March 28, 2024, Robert J. Polzer, an Executive Vice President at Zoetis Inc., acquired 374.4559 phantom stock units through the Zoetis Supplemental Savings Plan.
• The price of the phantom stock unit was $54.33.
• Following the transaction, Polzer directly owns 8,477.0641 phantom stock units.
• These phantom stock units are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time.
• Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common for publicly traded companies like Zoetis. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom stock units granted as part of executive compensation.

Key Dates