Zoetis Inc.|4Feb 23, 4:30 PM ET

Leatherberry Antoinette Renee 4

4 · Zoetis Inc. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Zoetis Dir. Antoinette Leatherberry Receives RSUs, Sells 406

What Happened

Antoinette Renee Leatherberry, a director of Zoetis Inc. (ZTS), had restricted stock units (RSUs) vest and be settled into common shares on 2026-02-19. The Form 4 reports the acquisition/settlement of 1,619 RSU-derived shares and a related derivative conversion entry of ~1,619.333 units. Of the shares settled, 406 shares were disposed (surrendered) to Zoetis for cash at $127.28 per share, producing $51,676 in cash consideration (per the filing).

Key Details

Transaction date: February 19, 2026; Form filed February 23, 2026.
Reported items:
- M (exercise/conversion of derivative): 1,619 shares acquired upon RSU settlement (no price reported).
- J (other disposition): 406 shares disposed at $127.28/share for $51,676 (cash in exchange for shares).
- M (derivative): 1,619.333 units reported as disposed (related to RSU conversion/settlement).
Shares owned after transaction: Not stated in the summary data provided in this prompt.
Relevant footnotes from the filing:
- F1/F3/F4/F7: These are RSUs granted under Zoetis’s equity plan; each RSU converts to one share upon vesting (vesting schedule noted in the filing).
- F2: The 406-share disposition was a transfer of shares to the company in exchange for cash based on the closing price on the vesting date (i.e., cash settlement/surrender).
No indication in the provided data that this was a 10% owner transaction or part of a 10b5‑1 plan.

Context

RSUs are not option purchases — they are awards that convert to shares when they vest. Here, Leatherberry’s RSUs vested and converted into shares; a portion (406 shares) were surrendered to Zoetis for cash (per F2), which is a common practice to satisfy tax-withholding obligations and is routine rather than a market-sale signal.
The M-coded entries reflect conversion/exercise or settlement of derivative awards (RSUs in this case). The J-coded disposition reflects the company cash settlement/repurchase of shares on vesting.

Form 4

Period: 2026-02-19

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-19+1,619→ 5,686 total
Other
Common Stock
[F2]
2026-02-19$127.28/sh−406$51,676→ 5,280 total
Exercise/Conversion
Restricted Stock Unit
[F3][F4][F1][F5][F6]
2026-02-19−1,619.333→ 0 total
→ Common Stock (1,619.333 underlying)

Holdings

Footnotes (7)

[F1]Acquisition of common stock upon vesting and settlement of restricted stock units (RSUs). Each RSU represents a right to receive one share of Zoetis Inc. common stock upon vesting of the RSU.
[F2]Disposition of shares to the Company in exchange for cash based on the closing share price of Zoetis Inc. common stock as of the vesting date.
[F3]Represents restricted stock units granted pursuant to the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each an "RSU" and collectively, "RSUs").
[F4]Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
[F5]Each RSU vests and is settled in shares of Zoetis Inc. common stock on the first anniversary of the date of grant, February 19, 2025.
[F6]Not applicable.
[F7]Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first anniversary of the date of grant, February 18, 2026; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.

Signature

/s/ Brenda Santuccio, as Attorney-in-Fact|2026-02-23

1 file