Sarbaugh Keith 4

What Happened

• Keith Sarbaugh, Executive Vice President of Zoetis (ZTS), received two restricted stock unit (RSU) awards on February 18, 2026 totaling 13,255 RSUs (10,581 and 2,674). The awards were granted as derivative awards (no cash paid; reported price $0.00). Each RSU represents a contingent right to one share of Zoetis common stock and includes dividend equivalent units.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 19, 2026 (filed the next day — timely).
• Awarded: 13,255 RSUs in total (10,581 RSUs and 2,674 RSUs); reported acquisition code A (award/grant); reported price $0.00.
• Vesting: One-third of these RSUs vest and will be settled in shares on the first, second and third anniversaries of the grant date (Feb 18, 2026) — i.e., roughly Feb 18 of 2027, 2028 and 2029 — subject to continued service and certain accelerated-vesting events.
• Footnotes: F1 = RSUs include dividend equivalent units; F2 = each RSU converts to one common share upon settlement; F3 = the one-third annual vesting schedule tied to Feb 18, 2026 grant date.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• These are compensation awards (not open-market purchases or sales). RSUs are contingent — they do not deliver actual shares until they vest and are settled, so this is a standard long-term retention/compensation grant rather than an immediate change in share ownership.
• No exercise, sale, gift, or tax-withholding details were reported in the provided data.