FULLER JULIE 4
4 · Zoetis Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Zoetis (ZTS) EVP Julie Fuller Exercises RSUs, Sells 290 Shares
What Happened
- Julie Fuller, Executive Vice President of Zoetis (ZTS), had restricted stock units (RSUs) convert/vest on February 19, 2026. The filing shows conversions of 750 and 750.426 RSU-derived shares (derivative exercise/conversion).
- To satisfy tax withholding, 290 shares were disposed at $127.28 per share for a total value of $36,911. The remainder of the vested shares were issued to the reporting person.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely).
- Reported entries: two "M" transactions (exercise/conversion of derivatives) for 750 and 750.426 shares; one "F" transaction (payment of tax liability) disposing 290 shares @ $127.28, totaling $36,911.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes indicate these shares originated from RSUs granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan, with standard multi-year vesting schedules and dividend equivalent units (see F1–F7).
- Transaction codes: M = exercise/conversion of derivative (here, RSU settlement); F = shares withheld/sold to cover tax withholding.
Context
- This appears to be a routine RSU vesting and tax-withholding event, not an open-market sale for investment purposes. Withholding/sale of shares to cover taxes is common and does not necessarily signal a change in insider sentiment.
- When RSUs are settled, companies often withhold (or sell) a portion of shares to pay required taxes rather than asking the executive to pay cash; that is what the "F" entry indicates here.
Insider Transaction Report
Form 4
Zoetis Inc.ZTS
FULLER JULIE
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-19+750→ 1,353 total - Tax Payment
Common Stock
2026-02-19$127.28/sh−290$36,911→ 1,063 total - Exercise/Conversion
Restricted Stock Unit
[F2][F3][F1][F4][F5]2026-02-19−750.426→ 1,500 total→ Common Stock (750.426 underlying)
Holdings
- 3,626
Restricted Stock Unit
[F2][F3][F6][F5]→ Common Stock (3,626 underlying) - 1,580.208
Restricted Stock Unit
[F2][F3][F7][F5]→ Common Stock (1,580.208 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, September 30, 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