Ferran Astorga Jeannette 4
4 · Zoetis Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) EVP Ferran Astorga Receives RSUs; 190 Shares Tax Withheld
What Happened
- Ferran Astorga, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) vest and be converted into common stock on February 19, 2026. The filing shows ~431 shares acquired upon settlement of RSUs and 190 shares withheld to satisfy tax withholding obligations (disposed) at $127.28 per share, totaling $24,183.
- This is not an open-market purchase or sale by the insider but a company equity award settlement (conversion of RSUs into shares). After withholding, the reporting person received roughly 241 net shares (431 acquired minus 190 withheld).
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23.
- Actions reported: conversion/exercise of derivative (RSU settlement, code M) and tax withholding (code F).
- Shares listed as acquired: 431 (N/A price). Shares withheld/disposed for taxes: 190 at $127.28 each = $24,183.
- Net shares added to insider’s holdings (approx.): 241 shares.
- Footnotes: RSUs were granted under Zoetis’ Amended and Restated 2013 Equity and Incentive Plan and represent the right to receive one share per RSU upon vesting; vesting/settlement timing and schedules are described in the filing footnotes.
- Shares owned after the transaction: not disclosed in the provided summary of the filing.
Context
- This was a routine equity award settlement (RSU vesting) rather than a market buy or sale. The withholding of shares to cover taxes is standard practice and should not be interpreted as an active sell decision by the insider.
- The filing was submitted four days after the transaction date (filed Feb 23 for activity on Feb 19), which is generally timely for such reports.
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
Ferran Astorga Jeannette
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-19+431→ 1,874 total - Tax Payment
Common Stock
2026-02-19$127.28/sh−190$24,183→ 1,684 total - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F1][F4][F5]2026-02-19−431.654→ 863 total→ Common Stock (431.654 underlying)
Holdings
- 2,197
Restricted Stock Unit
[F2][F3][F6][F5]→ Common Stock (2,197 underlying) - 207
Restricted Stock Unit
[F2][F3][F7][F5]→ Common Stock (207 underlying)
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]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").
- [F3]Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F4]One-third of each RSU vests and is settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 19, 2025; subject to the reporting person's continued service through such vesting date and subject to earlier vesting and settlement upon certain specific events.
- [F5]Not applicable.
- [F6]One-third of each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries 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.
- [F7]One-third of each RSU vests and is settled in shares of Zoetis Inc. common stock on the first, second and third anniversaries of the date of grant, February 6, 2024; 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