Zoetis Inc.·4

Feb 19, 8:53 PM ET

DAMELIO FRANK A 4

Research Summary

AI-generated summary

Updated

Zoetis (ZTS) Director Frank Damelio Receives RSU Award

What Happened

  • Frank A. Damelio, a director of Zoetis Inc. (ZTS), was granted 1,936 restricted stock units (RSUs) on February 18, 2026. The Form 4 reports the award as a derivative acquisition (code A) with a reported price of $0 (no cash paid at grant). Each RSU represents a contingent right to receive one share of Zoetis common stock upon vesting.

Key Details

  • Transaction date: 2026-02-18 (Form 4 filed 2026-02-19 — timely filing).
  • Transaction type/code: Award/Grant (A); 1,936 RSUs granted at $0 reported price.
  • Vesting: Footnotes state each RSU vests and will be settled in shares on the first anniversary of the grant, subject to continued service and certain acceleration events (see filing footnotes).
  • Shares owned after transaction: Not specified in the provided summary of the filing.
  • Footnotes: RSUs include dividend equivalent units; each RSU equals the right to one share; vesting tied to continued service and potential earlier vesting on specific events. No tax-withholding or 10b5-1 plan noted in the provided details.

Context

  • RSU grants to directors are a common form of compensation and do not represent an open-market purchase or sale. These are contingent awards that convert to stock only if vesting conditions are met.

Loading document...