Reed Willie M 4
Research Summary
AI-generated summary
Zoetis (ZTS) Director Willie M. Reed Receives RSU Award
What Happened
Willie M. Reed, a director of Zoetis Inc. (ZTS), received a grant of 1,936 restricted stock units (RSUs) on February 18, 2026. The RSUs were recorded at $0.00 at grant (award/derivative), meaning no cash was paid for the award at the time of grant. Each RSU is a contingent right to receive one share of Zoetis common stock upon settlement.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-19 (one day after the transaction).
- Transaction type/code: A (Award/Grant); 1,936 RSUs granted at $0.00 (derivative award).
- Shares owned after transaction: Not reported in this Form 4.
- Footnotes of note:
- F1: RSUs granted under the Zoetis 2013 Equity and Incentive Plan, including dividend equivalent units.
- F2: Each RSU represents a contingent right to one share.
- F3/F5: Footnotes indicate RSUs generally vest and settle in shares on the first anniversary of the grant date, subject to continued service and certain acceleration events — see filing footnotes for the specific vesting date(s) applicable.
- Filing timeliness: Appears routine (filed one day after the grant).
Context
RSU grants are a common form of equity compensation for executives and directors. They are derivative awards that convert into common shares only upon vesting; they do not represent immediate open-market purchases or sales and do not necessarily indicate the director is buying or selling shares for investment reasons.
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