Joseph Wetteny 4
4 · Zoetis Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) CFO Joseph Wetteny Receives RSU Award; 703 Shares Withheld
What Happened
- Joseph Wetteny, Chief Financial Officer of Zoetis (ZTS), had restricted stock units (RSUs) vest and convert to common stock on February 19, 2026. Approximately 2,050 RSUs were settled into shares.
- To satisfy tax withholding, 703 shares were surrendered/withheld at $127.28 per share for a total withholding of $89,478. After withholding, Wetteny received a net ~1,347 shares (approximate market value $171,446 using $127.28/share). No open-market sale by the insider is reported.
Key Details
- Transaction date(s): February 19, 2026; Form 4 filed February 23, 2026 (timely — filed within required business days).
- Action codes: M = exercise/conversion of derivative (RSU settlement); F = tax withholding/payment of tax liability.
- Shares withheld for taxes: 703 shares at $127.28/share = $89,478.
- Net shares received (approx.): 2,050 settled − 703 withheld = ~1,347 shares (approx. $171.4K at $127.28).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Relevant footnotes: RSUs were granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan; each RSU equals one contingent share and vests per scheduled anniversaries (one‑third on each anniversary). Footnotes reference grant/vesting schedules (e.g., grants dated Feb 6, 2024; Feb 19, 2025; Feb 18, 2026).
Context
- The M (derivative conversion) entries reflect RSUs vesting and being converted into shares; the F entry reflects shares withheld to cover tax obligations (a common, routine practice). This is not an open‑market sale or purchase by the insider, but a settlement of compensation awards.
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
Joseph Wetteny
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-19+2,050→ 22,816 total - Tax Payment
Common Stock
2026-02-19$127.28/sh−703$89,478→ 22,113 total - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F1][F4][F5]2026-02-19−2,050.652→ 4,102 total→ Common Stock (2,050.652 underlying)
Holdings
- 8,605
Restricted Stock Unit
[F2][F3][F6][F5]→ Common Stock (8,605 underlying) - 1,389
Restricted Stock Unit
[F2][F3][F7][F5]→ Common Stock (1,389 underlying)
Footnotes (7)
- [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 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").
- [F3]Each RSU represents a contingent right to receive one share of Zoetis Inc. common stock.
- [F4]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.
- [F5]Not applicable.
- [F6]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.
- [F7]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.
Signature
/s/ Brenda Santuccio, as Attorney-in-Fact|2026-02-23