Ashton Nicholas 4

What Happened Ashton Nicholas, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) vest and convert to common shares on Feb 6 and Feb 8, 2026. The filing shows conversion/acquisition of 381 shares (Feb 6) and 398 shares (Feb 8). To satisfy tax withholding, 200 shares (Feb 6) and 209 shares (Feb 8) were withheld/sold at $127.42 per share, producing $25,484 and $26,631 respectively (total $52,115). Net shares added to his holdings from these events: 779 acquired − 409 withheld = +370 shares.

Key Details

• Transaction types: M = conversion/exercise of derivative (RSU settlement); F = shares withheld/sold to cover tax liability.
• Dates: Vesting/conversion on 2026-02-06 (381 shares) and 2026-02-08 (398 shares); tax withholding disposals on the same dates (200 and 209 shares).
• Prices/values: Withheld shares sold at $127.42 each, generating $25,484 and $26,631 (total $52,115). Acquisition price for vested RSUs: N/A (compensatory award).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed on 2026-02-10; transactions dated Feb 6 and Feb 8 were reported within the required SEC filing window (two business days).
• Footnotes: RSUs granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan; typical one‑third annual vesting schedule referenced for grants (see F1–F7).

Context These entries reflect routine compensation vesting (RSUs) and tax-withholding actions rather than open-market purchases or opportunistic sales. Exercising/converting RSUs is not a cash purchase — the award vests into shares and some shares are commonly withheld or sold to cover taxes. Such transactions are normal for executives and do not, by themselves, indicate a change in insider sentiment.