Lagano Roxanne 4

What Happened Roxanne Lagano, Executive Vice President at Zoetis, was granted 314.645 phantom stock units on July 10, 2026, reported at a reference price of $26.22 per unit for a total reported value of $8,250. This was reported on a Form 4 as an award/grant (transaction code A) — a derivative compensation award rather than an open‑market stock purchase or sale.

Key Details

• Transaction date: 2026-07-10. Form 4 filed: 2026-07-14 (filed on time).
• Award: 314.645 phantom stock units; reference price $26.22; aggregate reported value $8,250.
• Shares/units owned after transaction: Not reported in this filing.
• Footnotes:
  • F1: Units were granted under the Zoetis Supplemental Savings Plan; they are phantom stock units settled in cash following separation from service and may be transferred into an alternative investment fund subject to company limits on timing/frequency.
  • F2: Each phantom stock unit represents a fraction of a phantom share plus ~5% cash‑equivalent investments; unit value is tied to Zoetis common stock value plus cash equivalents.
• Transaction code: A = Award/Grant (derivative).

Context Phantom stock units are a form of deferred compensation settled in cash (not immediate equity ownership or voting shares). Such awards are routine executive compensation and do not, by themselves, indicate insider buying or selling sentiment.