Form 4: Zoetis Inc. Director Frank A. Damelio Reports Stock Unit Transactions
SEC Form 4 Filing
Director Frank A. Damelio reports transactions involving restricted and deferred stock units of Zoetis Inc.
Summary
- Frank A. Damelio, a director of Zoetis Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- The report includes transactions related to restricted stock units (RSUs) and deferred stock units (DSUs).
- On February 6, 2025, Damelio received 1,236.2125 deferred stock units (DSUs) upon the vesting of restricted stock units.
- Damelio also holds 9,996.7233 deferred stock units granted under the Zoetis Inc. 2013 Equity and Incentive Plan.
- The DSUs are fully vested and will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director of Zoetis Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The deferred stock units will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director of Zoetis Inc.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/08/2022 | Original vesting date for some restricted stock units. |
| 02/06/2024 | Vesting date for 1,236.2125 restricted stock units. |
| 02/06/2025 | Date of transaction involving restricted and deferred stock units. |
| 02/10/2025 | Date of Form 4 filing. |
Keywords
Form 4, Zoetis Inc., Director, Stock Units, Deferred Stock Units, Restricted Stock Units, Beneficial Ownership, Equity and Incentive Plan
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