Zoetis Inc.·4

Feb 10, 4:31 PM ET

Ferran Astorga Jeannette 4

Research Summary

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Updated

Zoetis (ZTS) EVP Jeannette Ferran Astorga Receives RSUs; Withholds Shares

What Happened

  • Jeannette Ferran Astorga, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) vest and be converted into common shares on Feb 6 and Feb 8, 2026. She received a total of 424 shares (206 on Feb 6 and 218 on Feb 8). To cover tax withholding, 92 shares were surrendered on Feb 6 and 97 shares on Feb 8 at $127.42 per share, resulting in cash withheld of $11,723 and $12,360 respectively (total $24,083). The filings also report the corresponding derivative conversion amounts (approximately 206.965 and 218.143 RSUs) related to the settlements.

Key Details

  • Transaction types: M = conversion/exercise of derivative (RSU settlement); F = payment of tax liability via share withholding.
  • Dates: Feb 6, 2026 (206 RSUs settled; 92 shares withheld at $127.42 = $11,723) and Feb 8, 2026 (218 RSUs settled; 97 shares withheld at $127.42 = $12,360).
  • Gross shares from vesting: 424; shares withheld for taxes: 189; net shares added to holdings: 235.
  • Shares owned after transaction: Not disclosed in the Form 4.
  • Footnotes: RSUs were granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan; vesting schedules and dividend equivalent units are noted in the filing (see footnotes for grant dates and vesting terms).
  • Filing: Reported on Feb 10, 2026 for transactions on Feb 6 and Feb 8 — the filing indicates timely reporting.

Context

  • This was an RSU settlement (award vesting), not an open-market sale. The share disposals were routine tax-withholding (company withholding shares to satisfy tax obligations), which is standard and should not be read as an active sale signaling a change in insider sentiment.
  • Transaction codes: M indicates conversion/exercise of a derivative (here, RSU settlement); F denotes shares surrendered to pay taxes.