Driscoll Rimma 4
4 · Zoetis Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) EVP Rimma Driscoll Receives RSUs, Sells Shares for Taxes
What Happened
Rimma Driscoll, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) vest and settle into common shares on Feb 6 and Feb 8, 2026. The filing shows 222 shares acquired on Feb 6 and 192 shares acquired on Feb 8 (total 414 shares). To cover tax obligations, 89 shares were withheld on Feb 6 (disposed) and 77 shares withheld on Feb 8 (disposed) at $127.42 per share, totaling $11,340 and $9,811 respectively (total $21,151). The Form 4 also reports the related derivative conversions (M codes) for 222.403 and 192.778 RSU units.
Key Details
- Transaction dates: Feb 6, 2026 and Feb 8, 2026.
- Acquired: 222 shares (2/6) + 192 shares (2/8) = 414 shares from RSU vesting.
- Withheld/disposed for taxes: 89 shares (2/6) worth $11,340; 77 shares (2/8) worth $9,811; total withheld = 166 shares, $21,151.
- Price used for withholding: $127.42 per share.
- Net change: +248 shares (414 acquired − 166 withheld).
- Footnotes: RSUs granted under Zoetis’ 2013 Equity and Incentive Plan; vesting schedules note one‑third vesting on anniversary dates (relevant grants dated Feb 8, 2023 and Feb 6, 2024).
- Filing date: Feb 10, 2026 (filed within the 2-business-day Form 4 window).
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to pay tax liability.
- Shares owned after transaction: not specified in the filing.
Context
These transactions reflect routine RSU vesting and tax-withholding (common for executive equity compensation), not an open-market sale or purchase decision. The withholding to cover taxes is a non-discretionary disposition and does not necessarily signal the insider’s view on the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-06+222→ 5,414 total - Tax Payment
Common Stock
2026-02-06$127.42/sh−89$11,340→ 5,325 total - Exercise/Conversion
Common Stock
[F1]2026-02-08+192→ 5,517 total - Tax Payment
Common Stock
2026-02-08$127.42/sh−77$9,811→ 5,440 total - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F1][F4][F5]2026-02-06−222.403→ 222 total→ Common Stock (222.403 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F1][F6][F5]2026-02-08−192.778→ 0 total→ Common Stock (192.778 underlying)
- 1,362.634
Restricted Stock Unit
[F2][F3][F7][F5]→ Common Stock (1,362.634 underlying)
Footnotes (7)
- [F1]Acquisition of common stock upon vesting and settlement of restricted stock units (RSUs). Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
- [F2]Represents restricted stock units granted pursuant to the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs").
- [F3]Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F4]One-third of each RSU vests and is settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 6, 2024; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
- [F5]Not applicable.
- [F6]One-third of each RSU vests and is settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 8, 2023.
- [F7]One-third of each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 19, 2025; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.