Lagano Roxanne 4
4 · Zoetis Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) EVP Roxanne Lagano Receives Phantom Stock Award
What Happened
- Roxanne Lagano, Executive Vice President of Zoetis (ZTS), received a grant of 550.644 phantom stock units on April 10, 2026. The units are reported at a per‑unit value of $39.64, for a total reported value of $21,828. This transaction is recorded as an award/acquisition of a derivative security (phantom units) under a company savings plan.
Key Details
- Transaction date and filing: Grant on 2026-04-10; Form 4 filed 2026-04-13 (timely; within SEC’s two business‑day requirement).
- Instrument & value: 550.644 phantom stock units @ $39.64 = $21,828 (derivative award).
- Shares/units owned after transaction: Not disclosed in the provided filing.
- Notable footnotes:
- F1: Units were granted under the Zoetis Supplemental Savings Plan; they are cash‑settled upon the reporting person’s separation from service and may be moved into an alternative investment fund subject to company limits.
- F2: Each phantom unit equals a fraction of a phantom share of Zoetis common stock plus ~5% cash‑equivalent investments; unit value tracks Zoetis stock value plus the cash component.
- Transaction code: A = Award/Grant (not an open‑market buy or sale).
Context
- These phantom stock units are a deferred, cash‑settled form of equity compensation rather than immediate stock ownership. They do not represent an open‑market purchase or sale and are generally designed for long‑term savings/compensation purposes. Such awards are common executive compensation and should be interpreted as a grant rather than a signal about near‑term insider trading intentions.
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
Lagano Roxanne
Executive Vice President
Transactions
- Award
Phantom Stock Unit
[F1][F2]2026-04-10$39.64/sh+550.644$21,828→ 30,632.216 total→ Common Stock (185.199 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