Brannan Jamie 4

What Happened

• Jamie Brannan, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) vest and convert into common shares on Feb 19, 2026. A total of 1,204.074 RSU-derived shares were issued; 566 of those shares were withheld to cover tax withholding at $127.28 per share (total withheld $72,040). Net shares added to Brannan’s holding were approximately 638.1 shares, with an approximate net value of ~$81,200 at the $127.28 withholding price.
• This was a standard RSU vesting/settlement (not an open-market purchase or discretionary sale). The withholding of shares for taxes is routine and not a directional buy/sell signal.

Key Details

• Transaction date: February 19, 2026 (reported on Form 4 filed Feb 23, 2026).
• Reported transactions: conversion/exercise of derivative securities (RSU settlement) for ~1,204.074 shares; tax withholding disposition of 566 shares at $127.28/share = $72,040.
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes: F1/F3/F4/F5 indicate these were RSUs that vested/settled (one-third vesting schedule from a Feb 19, 2025 grant); F1 confirms shares were received upon RSU settlement; F (tax withholding) denotes shares withheld to satisfy tax liability.
• Filing timeliness: Report covers 2/19/2026 and was filed 2/23/2026 per the Form 4 (filing date shown in accession).

Context

• For retail investors: this was an RSU vest/settlement with shares withheld to meet tax obligations — a routine corporate compensation event rather than an active purchase or sale in the market. The M code indicates exercise/conversion of a derivative (RSU settlement); the F code reflects tax withholding.