PECK KRISTIN C 4
4 · Zoetis Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Zoetis CEO Kristin Peck Receives Phantom Stock Award
What Happened
- Kristin C. Peck, CEO of Zoetis (ZTS), was granted 2,776.77 phantom stock units on 2026-04-10. The award is reported as a derivative acquisition at an attributed price of $39.64 per unit, with a total value of $110,071. This was an award/grant (not an open-market purchase or sale) as part of the Zoetis Supplemental Savings Plan.
Key Details
- Transaction date and price: 2026-04-10 at $39.64 per phantom unit.
- Report filed with the SEC: 2026-04-13 (covers the 2026-04-10 transaction).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Nature of grant: Derivative (phantom stock units) — not actual common stock.
- Footnotes (summary):
- F1: Phantom units are settled in cash after the reporting person’s separation from service and may be moved into an alternative investment fund subject to company limits on timing/frequency.
- F2: Each phantom unit represents a fraction of a Zoetis share plus about ~5% cash-equivalent investments; unit value tracks Zoetis stock value plus the cash component.
- Filing timeliness: Filing date is 2026-04-13 for an April 10 transaction; confirm timeliness against SEC two-business-day Form 4 rules if exact timeliness is a concern.
Context
- Phantom stock units are a form of deferred compensation that are typically settled in cash (not shares) and do not convey voting rights. Grants are a common element of executive pay and do not directly signal a buy/sell opinion on the market. For retail investors, purchases (outright acquisitions of shares) generally carry clearer sentiment signals than compensation awards; this filing reflects compensation rather than an open-market investment by the CEO.
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
PECK KRISTIN C
DirectorChief Executive Officer
Transactions
- Award
Phantom Stock Unit
[F1][F2]2026-04-10$39.64/sh+2,776.77$110,071→ 65,578.807 total→ Common Stock (933.915 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|2026-04-13