Driscoll Rimma 4
Research Summary
AI-generated summary
Zoetis (ZTS) EVP Rimma Driscoll Receives 11,514 RSUs
What Happened
Rimma Driscoll, Executive Vice President of Zoetis Inc. (ZTS), received two restricted stock unit (RSU) awards on February 18, 2026 totaling 11,514 RSUs (2,323 and 9,191). Each award was reported as acquired at $0.00 (derivative award); no cash changed hands. Each RSU represents a contingent right to one share of Zoetis common stock and will settle in shares subject to vesting conditions.
Key Details
- Transaction date: February 18, 2026; Form 4 filed February 19, 2026 (timely filing).
- Award: 2,323 RSUs and 9,191 RSUs, total 11,514 RSUs; reported price $0.00 (award/grant, code A).
- Vesting: Per filing, one‑third of each RSU vests and is settled in shares on the first, second and third anniversaries of the grant date (grant date: Feb 18, 2026).
- RSU terms: Grants include dividend equivalent units (footnote indicates dividend equivalents issued automatically).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing status: Not late; filed the day after the 2/18/2026 grant.
Context
- RSUs are compensation awards (not an open‑market purchase). They do not involve an immediate outlay by the executive and only convert to actual shares if/when they vest and are settled.
- Such grants are routine executive compensation and do not by themselves indicate a trading view; they increase potential future insider ownership as they vest.
- This is an executive grant (not a 10% owner or a gift); see the full Form 4 for full holdings and additional footnotes.