Joseph Wetteny 4

What Happened

• Joseph Wetteny, Chief Financial Officer of Zoetis, received an award of 363.053 phantom stock units on July 10, 2026. The units are reported at $26.22 each for a total reported value of approximately $9,519. This was an award/grant (derivative-based compensation), not an open-market purchase or sale.

Key Details

• Transaction date and terms: 2026-07-10 — 363.053 phantom stock units @ $26.22 each; total reported value ~$9,519. (Transaction code A = award/grant.)
• Instrument type: Phantom stock units (derivative), acquired under the Zoetis Supplemental Savings Plan.
• Settlement and mechanics: Units are settled in cash following the reporting person's separation from service and may be moved into an alternative investment fund (Zoetis may limit timing/frequency) (Footnote F1).
• Unit valuation: Each phantom stock unit reflects a fraction of a phantom share of Zoetis common stock plus ~5% cash-equivalent investments (value tracks stock price plus cash component) (Footnote F2).
• Shares/units owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timeliness: Report filed 2026-07-14 for a 2026-07-10 transaction — filed within the Form 4 deadline (timely).

Context

• These phantom stock units are a form of deferred/retirement-type compensation tied to Zoetis’ stock value and a small cash-equivalent component; they are settled in cash rather than resulting in immediate issuance of common shares. Awards like this are routine executive compensation and do not necessarily signal the insider’s view to buy or sell shares.