Form 4: Zoetis Executive Vice President Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Executive Vice President Robert J Polzer reported the acquisition of phantom stock units in Zoetis Inc. through the Zoetis Supplemental Savings Plan.
Summary
- On March 28, 2025, Robert J Polzer, an Executive Vice President at Zoetis Inc., acquired 799.1076 phantom stock units through the Zoetis Supplemental Savings Plan.
- These phantom stock units are settled in cash following the reporting person's separation from service.
- The reporting person can transfer the units into an alternative investment fund at any time, subject to Zoetis' limitations on transfer timing and frequency.
- 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.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
The phantom stock units are settled in cash upon the reporting person's separation from service.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company executive, which is common practice in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: acquisition of phantom stock units. |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Zoetis, Form 4, Phantom Stock Units, Robert J Polzer, Executive Vice President, Supplemental Savings Plan, Beneficial Ownership, ZTS
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