PECK KRISTIN C 4
4 · Zoetis Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) CEO Kristin Peck Exercises RSUs, Sells 3,623 Shares
What Happened
Kristin C. Peck, CEO of Zoetis Inc. (ZTS), had restricted stock units (RSUs) vest and convert into common stock on Feb 19, 2026. A total of ~7,354.898 shares were settled; 3,623 shares were withheld/disposed to satisfy tax withholding at $127.28 per share for proceeds of $461,135. The remaining shares (about 3,731.9) were delivered to Peck net of withholding.
Key Details
- Transaction date: February 19, 2026 (reported on Form 4 filed Feb 23, 2026 — timely filing).
- Vesting/Conversion: ~7,354.898 RSU shares were settled (reported as derivative conversion/exercise; no per-share price for settlement).
- Tax withholding: 3,623 shares withheld/disposed at $127.28/share, generating $461,135; reported with transaction code F (tax withholding).
- Net shares received: approx. 3,731.898 shares (7,354.898 settled minus 3,623 withheld).
- Footnotes: RSUs granted under Zoetis’ equity plans (each RSU equals one share upon vesting); these grants are subject to multi-year vesting schedules (see F1, F3–F5).
- Shares owned after this transaction: not disclosed in the provided filing excerpt.
Context
This was a routine RSU vesting and settlement with shares withheld to cover tax obligations (a common administrative step), not an open-market sale or purchase that signals a directional trade. The Form 4 shows conversion/settlement of RSUs and tax-withholding dispositions; no exercise cash payment or separate open-market sale was reported.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-19+7,354→ 108,691 total - Tax Payment
Common Stock
2026-02-19$127.28/sh−3,623$461,135→ 105,068 total - Exercise/Conversion
Restricted Stock Unit
[F3][F4][F1][F5][F6]2026-02-19−7,354.898→ 14,708 total→ Common Stock (7,354.898 underlying)
- 833.644(indirect: By 401(k))
Common Stock
[F2] - 28,072
Restricted Stock Unit
[F3][F4][F7][F6]→ Common Stock (28,072 underlying) - 5,556
Restricted Stock Unit
[F3][F4][F8][F6]→ Common Stock (5,556 underlying)
Footnotes (8)
- [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 the common stock equivalents held in the Zoetis Inc. Savings Plan, a 401(k) plan, as of December 31, 2025.
- [F3]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").
- [F4]Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F5]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.
- [F6]Not applicable.
- [F7]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.
- [F8]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.