PECK KRISTIN C 4

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.