PARENT LOUISE M 4

What Happened

• Louise M. Parent, a Zoetis (ZTS) director, had equity awards converted and settled into common stock upon her retirement from the Board. The filing shows settlement/conversion of approximately 12,131 shares: 1,944 RSU-related shares and 10,186 DSU-related shares. The transactions are recorded with $0.00 per-share consideration, indicating settlement of awards rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (filed the next day).
• Award breakdown (per filing/footnotes): 1,944 RSUs (restricted stock units) and 10,186 DSUs (deferred stock units) — total about 12,131 shares (reported as 1,944.361 and 10,186.674 in certain lines).
• Reported price: $0.00 (settlement of derivative awards into common stock).
• Shares owned after the transaction: Not specified in this Form 4.
• Footnotes: RSUs were granted under the 2013 Equity & Incentive Plan and may vest on scheduled dates but vested/settled early due to retirement; DSUs were fully vested and were settled upon separation from service.
• Filing timeliness: Not late — reported the day after the transaction.

Context

• These entries reflect award settlement (derivative conversion/settlement), not open-market buying or selling; no cash changed hands per the $0.00 price lines.
• RSUs/DSUs converting to shares on retirement is a routine corporate governance/event-driven occurrence and does not itself indicate a buy or sell signal by the insider.