Research Summary
AI-generated summary of this SEC filing
Zoetis (ZTS) Director Frank D'Amelio Gifts 6,650 Shares
What Happened
Frank A. D'Amelio, a director of Zoetis (ZTS), reported a gift transfer of 6,650 Zoetis shares on August 7, 2026. The transaction is coded as a gift (G) with a reported price of $0.00, so no proceeds were received. The filing indicates the shares were transferred to the "Frank A. D'Amelio 2-Year 2026 GRAT No. 3."
Key Details
- Transaction date: 2026-08-07; Form 4 filed: 2026-08-11 (timely within the two-business-day SEC window).
- Transaction type/code: Gift (G); 6,650 shares; $0.00 per share; total proceeds $0.
- Recipient/vehicle: Frank A. D'Amelio 2-Year 2026 GRAT No. 3 (per footnote F1).
- Insider’s relation to vehicle: Reporting person is grantor, trustee and beneficiary of the GRAT (per footnote F2).
- Shares owned after transaction: not specified in the provided summary of the filing.
Context
A GRAT (grantor retained annuity trust) is an estate-planning vehicle; gifts to a GRAT are typically tax/estate planning transfers rather than market-driven sales. Because this was a gift, it should not be interpreted as a direct buy/sell signal about the insider’s view of the company’s stock price.