Joseph Wetteny 4

What Happened

• Joseph Wetteny, Chief Financial Officer of Zoetis Inc. (ZTS), had restricted stock units (RSUs) vest and settle into common shares on Feb 6 and Feb 8, 2026. The filings show conversion/exercise of RSUs into 1,388 shares (Feb 6) and 1,409 shares (Feb 8).
• To cover tax withholding, 515 shares were surrendered on Feb 6 (at $127.42 per share = $65,621) and 483 shares were surrendered on Feb 8 (at $127.42 per share = $61,544). Total shares withheld: 998; total cash value withheld: $127,165.
• Net shares delivered to Wetteny after withholding: 1,799 shares (1,388 − 515 = 873 on Feb 6; 1,409 − 483 = 926 on Feb 8). These were RSU settlements rather than open-market purchases or discretionary sales.

Key Details

• Transaction dates: Feb 6, 2026 and Feb 8, 2026. Form filed Feb 10, 2026.
• Withholding price used: $127.42 per share for tax withholding.
• Shares withheld for taxes: 515 (Feb 6) + 483 (Feb 8) = 998 shares; cash value withheld = $127,165.
• Transactions recorded as: M = exercise/conversion of derivative (RSU settlement); F = payment of tax liability via share withholding.
• RSU program: Awards granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan; vesting schedules referenced in the footnotes (one-third vests on each of the first three anniversaries of grant dates).
• Shares owned after the transactions: not specified in the provided filing excerpts.
• Filing timeliness: Form 4 filed Feb 10, 2026. The filing does not indicate a tardiness flag in the provided data.

Context

• These transactions reflect routine RSU vesting and share-for-tax withholding (a common, non-market-sale method to satisfy tax obligations). The derivative code M denotes conversion/settlement of RSUs into common stock; the F code indicates shares surrendered to pay taxes.
• Such settlements are generally administrative and do not by themselves signal a buy/sell decision on the market.