PECK KRISTIN C 4

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.