PECK KRISTIN C 4
4 · Zoetis Inc. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) CEO Kristin C. Peck Receives 4,391 Phantom Units
What Happened
Kristin C. Peck, Chief Executive Officer of Zoetis (ZTS), was granted 4,391.261 phantom stock units on 2026-03-27. The units are reported at a price of $38.20 each for a total value of $167,746. The transaction is coded as an award/acquisition (A) and involves derivative phantom units rather than actual shares.
Key Details
- Transaction date and price: 2026-03-27 at $38.20 per unit (total value $167,746).
- Transaction type: Award/acquisition of phantom stock units (derivative), reported on Form 4 filed 2026-03-31. Filing appears timely (within the standard 2-business-day window).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote F1: These phantom stock units were granted under the Zoetis Supplemental Savings Plan and are settled in cash after the reporting person’s separation from service; transfers into an alternative investment fund are allowed subject to company limits.
- Footnote F2: Each phantom unit represents a fraction of a phantom share plus about 5% in cash-equivalent investments, so unit value tracks both Zoetis stock price and a small cash component.
Context
Phantom stock units are a form of deferred compensation tied to the company’s share value but typically settled in cash at separation — they do not convey immediate ownership of common stock. Such awards are common as executive compensation and should be viewed as compensation-related rather than an immediate bullish or bearish trading signal.
Insider Transaction Report
- Award
Phantom Stock Unit
[F1][F2]2026-03-27$38.20/sh+4,391.261$167,746→ 62,802.037 total→ Common Stock (1,479.896 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.