Lagano Roxanne 4

What Happened

• Roxanne Lagano, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) convert/vest on Feb 19, 2026. The Form 4 shows an acquisition (conversion) of 750 shares (derivative conversion, code M). To cover tax withholding, 258 shares were surrendered/withheld at $127.28 each, totaling $32,838 (code F). The filing also reports a conversion/disposition line of 750.426 derivative shares (code M) with no dollar amount listed for that line in the provided data.

Key Details

• Transaction date: February 19, 2026.
• Actions reported: conversion/settlement of RSUs (code M) and shares surrendered for tax withholding (code F).
• Tax withholding: 258 shares withheld at $127.28 per share = $32,838.
• Footnotes: F1 explains acquisition of stock upon RSU vesting; F3–F4 describe the RSUs and dividend equivalents; F5, F7 and F8 note typical one‑third annual vesting schedules for different grants. F2 references common stock equivalents in the company 401(k) plan (not directly part of these transactions).
• Shares owned after the transactions: not specified in the supplied data.
• Timeliness: The report was filed Feb 23, 2026 for a Feb 19 transaction (filed after the standard 2‑business‑day Form 4 deadline), so this appears to be a late filing.

Context

• These entries reflect RSU vesting and routine tax withholding rather than an open‑market buy or sell decision. The code M lines report conversion/exercise of derivative awards (RSUs), and the code F line shows shares used to satisfy tax obligations. No open‑market sale price or cash proceeds (other than the withholding value) are specified for the derivative disposal line in the provided data.