Bisaro Paul 4

What Happened

• Paul Bisaro, a Zoetis (ZTS) director, had restricted stock units (RSUs) vest and convert into 1,619 shares on February 19, 2026 (reported on Form 4 filed Feb 23, 2026). On the same date, 1,619.333 shares were reported as disposed in a related derivative transaction (both transactions are coded M — exercise or conversion of a derivative). No per-share price or total dollar value is provided in the filing.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely within filing rules).
• Acquired: 1,619 shares via conversion/settlement of RSUs (code M).
• Disposed: 1,619.333 shares via derivative conversion/disposition (code M).
• Price: Not provided (N/A) in the filing.
• Shares owned after transaction: Not specified in the provided excerpt.
• Relevant footnotes: RSUs granted under Zoetis’ Amended and Restated 2013 Equity and Incentive Plan; each RSU equals a contingent right to one share; these RSUs vest and are settled on the first anniversary of the grant (footnotes indicate the relevant vest date of Feb 18, 2026).

Context

• These entries reflect RSU vesting and settlement rather than an open-market buy or sell. It’s common for a portion of vested shares to be surrendered or withheld to satisfy tax withholding or related obligations; the near-equal disposed amount in this filing is consistent with that routine practice. The transactions appear to be standard compensation vesting for an insider rather than an active market trade.