PARENT LOUISE M 4
Research Summary
AI-generated summary
Zoetis (ZTS) Director Louise M. Parent Receives RSU Award
What Happened
- Louise M. Parent, a director of Zoetis Inc. (ZTS), was granted 1,936 restricted stock units (RSUs) on February 18, 2026. The reported acquisition price is $0.00 because this was a compensatory award (derivative grant), not an open-market purchase. These RSUs represent contingent rights to receive shares of Zoetis common stock if vesting conditions are met.
Key Details
- Transaction type: Award/Grant of RSUs (code A on Form 4).
- Transaction date and filing: Grant date Feb 18, 2026; Form 4 filed Feb 19, 2026 (timely).
- Shares/units granted: 1,936 RSUs; reported acquisition price $0.00 (no cash exchanged).
- Shares owned after transaction: Not specified in this filing.
- Vesting/settlement: Footnotes state each RSU represents a contingent right to one share and will vest and be settled in shares on the first anniversary of the grant, subject to continued service and certain events. (The filing’s footnotes include specific anniversary dates; see F1–F3/F5 for the filing text.)
- Notable footnotes: F1–F3 describe RSUs and dividend equivalent units and the basic vesting/settlement mechanics; F4 is not applicable; F5 repeats vesting language in the filing.
- Filing timeliness: No late filing flag noted.
Context
- RSU grants are a form of compensation and do not involve an immediate cash purchase or sale of stock. Because these units vest in the future (subject to service and other conditions), they are not immediately tradable and do not necessarily indicate the insider is buying or selling shares for investment reasons. For clarification on exact vesting dates or outstanding ownership after this grant, check subsequent company disclosures or amended filings.