PECK KRISTIN C 4

What Happened
Kristin C. Peck, CEO of Zoetis (ZTS), had restricted stock units (RSUs) vest and convert into common stock on Feb 6 and Feb 8, 2026. She acquired 5,555 shares on Feb 6 and 6,224 shares on Feb 8 (total ~11,779 shares; ~11,779.786 including fractional shares reported). To satisfy tax withholding obligations, 1,914 shares were withheld on Feb 6 for $243,882 and 2,722 shares were withheld on Feb 8 for $346,837 — a combined withholding of 4,636 shares worth $590,719. The filing uses code M (exercise/conversion of derivative = RSU settlement) and code F (payment of exercise price or tax liability = shares withheld).

Key Details

• Transaction dates: Feb 6, 2026 (5,555 shares vested; 1,914 shares withheld) and Feb 8, 2026 (6,224 shares vested; 2,722 shares withheld).
• Withholding price used: $127.42 per share; total withholding value ≈ $590,719.
• Total shares acquired via vesting: ~11,779 (11,779.786 including fractions); total withheld: 4,636 shares.
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes: RSUs convert 1:1 to common stock on vesting (F1, F3, F4); the Feb 6 and Feb 8 vest events correspond to prior RSU grants with scheduled anniversary vesting (see F5 and F7). Withholding (F) reflects tax liability satisfaction.
• Filing timeliness: Report filed Feb 10, 2026; appears timely based on the reported transaction dates.

Context
These transactions represent routine settlement of RSU awards (not an open-market buy or discretionary sale). The "exercise/conversion" entries reflect RSUs converting to shares on vesting; the "payment/tax liability" entries show shares withheld to satisfy taxes (a common cashless/withholding settlement). Such vesting and withholding are standard compensation events and do not by themselves signal a change in the CEO's market view.