Ferran Astorga Jeannette 4

4 · Zoetis Inc. · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

Zoetis EVP Jeannette Ferran Astorga Receives Phantom Stock Award

What Happened

Jeannette Ferran Astorga, Executive Vice President of Zoetis (ZTS), was granted 593.174 phantom stock units on 2026-03-27. The units were valued at $38.20 each, for a total reported value of $22,659. This transaction is recorded as an award/acquisition (derivative phantom units), not an open-market purchase or sale.

Key Details

Transaction date and price: 2026-03-27; 593.174 units at $38.20 per unit (total $22,659).
Transaction type: Award/Grant of phantom stock units (transaction code A; derivative).
Shares/units owned after transaction: Not specified in this Form 4 (amount beneficially owned following the transaction not reported).
Filing timeliness: Reported on 2026-03-31 — within the Form 4 two-business-day filing window for a 2026-03-27 transaction (timely).
Footnotes from the filing:
- F1: These phantom stock units are settled in cash after the reporting person's separation from service and can be moved into an alternative investment fund, subject to Zoetis’ limits on timing/frequency.
- F2: Each phantom unit reflects a fraction of a phantom share plus a small cash-equivalent (~5%), so unit value tracks Zoetis stock plus cash-equivalent holdings.

Context

Phantom stock units are a form of deferred compensation: they track the value of company stock (and some cash-equivalent) but are typically settled in cash rather than delivering actual shares. This is a routine compensation award rather than an indication of an open-market buy or sell.

Form 4

Period: 2026-03-27

Executive Vice President

Transactions

Award
Phantom Stock Unit
[F1][F2]
2026-03-27$38.20/sh+593.174$22,659→ 2,245.833 total
→ Common Stock (199.905 underlying)

Footnotes (2)

[F1]These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, 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.
[F2]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). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments.

Signature

/s/ Brenda Santuccio, as Attorney-in-Fact|2026-03-31

1 file