Zoetis Inc.·4

May 1, 4:23 PM ET

Esch Kevin 4

4 · Zoetis Inc. · Filed May 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Zoetis (ZTS) EVP Kevin Esch Receives RSUs; 75 Shares Withheld for Taxes

What Happened

  • Kevin Esch, Executive Vice President of Zoetis (ZTS), received shares upon vesting of restricted stock units (RSUs) on April 30, 2026. The filing records the acquisition/conversion of ~259 RSU-based shares. To satisfy tax withholding, 75 of those shares were surrendered at $114.97 per share, a withholding value of $8,623.
  • The filing also shows a related derivative conversion/disposition of ~259.922 units (reported as a derivative transaction). Acquisition entries list no cash price (standard for RSU settlement).

Key Details

  • Transaction date: April 30, 2026; Form 4 filed May 1, 2026 (reporting period 2026-04-30).
  • Main entries: conversion/acquisition of 259 RSU shares (derivative exercise/conversion, code M); withholding/disposition of 75 shares to cover tax liability at $114.97/share for $8,623 (code F).
  • Additional line: disposition of ~259.922 derivative units recorded (no cash price reported).
  • Footnotes: RSU settlement on vesting (each RSU = one share) per Zoetis equity plan; withholding was for tax obligations (routine). See F1, F3–F5 for plan and vesting details.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Timeliness: filing date is May 1, 2026 for an April 30, 2026 vesting—no late filing flag indicated.

Context

  • This was an RSU vesting and settlement (not an open-market purchase or discretionary sale). The 75-share transfer was a tax-withholding event (common practice) rather than a market sale that would signal a deliberate investment decision.
  • Derivative transaction codes reflect conversion/settlement of RSUs into common stock; when RSUs vest the company issues shares and may withhold shares to satisfy taxes.

Insider Transaction Report

Form 4
Period: 2026-04-30
Esch Kevin
Executive Vice President
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-30+259653 total
  • Tax Payment

    Common Stock

    2026-04-30$114.97/sh75$8,623578 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F4][F1][F5][F6]
    2026-04-30259.922519 total
    Common Stock (259.922 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By 401(k))
    124.408
  • Restricted Stock Unit

    [F3][F4][F7][F6]
    Common Stock (4,043.387 underlying)
    4,043.387
  • Restricted Stock Unit

    [F3][F4][F8][F6]
    Common Stock (205.885 underlying)
    205.885
  • Restricted Stock Unit

    [F3][F4][F9][F6]
    Common Stock (44.19 underlying)
    44.19
Footnotes (9)
  • [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 March 31, 2026.
  • [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, April 30, 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 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.
  • [F9]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|2026-05-01

Documents

1 file
  • 4
    wk-form4_1777667025.xmlPrimary

    FORM 4