Esch Kevin 4

What Happened

• Kevin Esch, Executive Vice President of Zoetis (ZTS), had RSUs convert into common stock on Feb 19, 2026. The filing shows 102 shares acquired upon vesting (conversion of RSU derivatives) and 35 shares surrendered to satisfy tax withholding at $127.28 per share (total $4,455). Based on the $127.28 per-share figure used for withholding, the 102 vested shares were worth roughly $12,983 and the net shares retained are about 67 (≈ $8,528).
• This was a compensation vesting event (award settlement), not an open‑market purchase or voluntary sale.

Key Details

• Transaction date: February 19, 2026.
• Actions reported: conversion/exercise of derivative (RSU) resulting in 102 shares acquired; the underlying derivative position (≈102.43 units) was canceled; 35 shares were withheld/disposed to cover taxes at $127.28 each (total $4,455).
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Relevant footnotes: F1/F3/F4 describe these as restricted stock units (RSUs) that convert to one share each on vesting; F5 indicates this tranche vests on the first anniversary of the Feb 19, 2025 grant (consistent with a scheduled vesting).
• Filing timeliness: Report filed Feb 23, 2026 for the Feb 19 transaction — appears to be within the standard two-business-day Form 4 deadline.

Context

• Simple explanation: This was an RSU vest/settlement. The derivative RSUs were converted into shares and some of those shares were automatically surrendered (withheld) to cover taxes. That withholding is routine and does not signal a discretionary sale by the insider.
• Takeaway for investors: This is a standard compensation event (receipt of shares from RSU vesting). Purchases (which can be seen as stronger insider confidence signals) did not occur here; no open‑market sale by the insider was reported.