Esch Kevin 4

4 · Zoetis Inc. · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

Zoetis (ZTS) EVP Kevin Esch Receives Phantom Stock Award

What Happened

Kevin Esch, Executive Vice President of Zoetis (ZTS), was granted 219.953 phantom stock units on 2026-03-27. The filing lists a per-unit reference price of $38.20, giving a total reported value of about $8,402. This transaction is an award (derivative grant), not an open-market purchase of common shares.

Key Details

Transaction date and type: 2026-03-27 — Award/Grant of phantom stock units (code A); reported on Form 4 filed 2026-03-31 (timely).
Price/value: 219.953 units × $38.20 ≈ $8,402.
Shares owned after transaction: Not disclosed in the provided filing.
Footnotes: (F1) Units are phantom stock units under the Zoetis Supplemental Savings Plan, settled in cash after separation from service and transferable into an alternative investment fund (subject to company limits). (F2) Each unit tracks a fraction of a phantom share plus ~5% cash-equivalent; unit value is tied to Zoetis stock plus cash-equivalents.
Filing timeliness: Filed 2026-03-31 for a 2026-03-27 grant — within the standard Form 4 reporting window.

Context

These are cash-settled phantom units (derivative awards) rather than issued common shares. Such awards generally reflect routine compensation or savings-plan activity and do not necessarily indicate immediate insider buying or selling intent.

Form 4

Period: 2026-03-27

Executive Vice President

Transactions

Award
Phantom Stock Unit
[F1][F2]
2026-03-27$38.20/sh+219.953$8,402→ 496.991 total
→ Common Stock (74.126 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