Hattersley Gavin 4

What Happened Gavin Hattersley, a director of Zoetis Inc. (ZTS), had restricted stock units (RSUs) vest and be settled into common shares on Feb 19, 2026. Approximately 1,619 RSUs converted into shares upon vesting; 481 of those shares were surrendered to Zoetis for cash in a tax-withholding disposition at $127.28 per share, producing $61,222. The filing shows the RSU-to-share conversion/settlement entries associated with that vesting.

Key Details

• Transaction date: February 19, 2026 (reported on Form 4 filed Feb 23, 2026—within required filing window).
• Sale/Disposition: 481 shares disposed at $127.28 each for $61,222 (tax withholding to company).
• RSU conversion/settlement: ~1,619 RSUs converted/settled into shares (reported as derivative exercise/conversion entries).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnotes: Vesting/settlement reflect RSUs granted under the Zoetis 2013 Equity & Incentive Plan; the disposition of 481 shares was a cash-in-lieu surrender to the company to satisfy tax withholding on vesting.

Context

• This was a routine RSU vesting and tax-withholding transaction, not an open-market sale or a new purchase. When RSUs vest, companies commonly withhold or accept surrendered shares to cover required taxes (a neutral, administrative action rather than a directional trade signal).
• Transaction codes: M indicates conversion/exercise of a derivative (RSU settlement into shares); J reflects an other disposition (here, shares surrendered for tax withholding).