Merck EVP exercises RSUs; shares withheld for tax
Merck & Co., Inc. EVP and General Counsel Jennifer Zachary reported compensation-related equity transactions.
Rhea-AI Filing Summary
Merck & Co., Inc. EVP and General Counsel Jennifer Zachary reported compensation-related equity transactions. On 4/29/2026, she exercised 2,951 restricted stock units into an equal number of Merck common shares. In a related move, 1,454 common shares were disposed of to cover tax obligations.
Following the derivative exercise, one transaction line shows 72,351.254 common shares owned directly, while another reflects 70,897.254 shares after the tax-withholding disposition. Footnotes explain that each restricted stock unit represents a contingent right to one Merck share and that these units vest in three equal installments on 4/29/2026, 4/29/2027, and 4/29/2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,951 shares exercised/converted
Exercise
3 txns
Insider
Zachary Jennifer
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,951 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,951 | $110.03 | $325K |
| Exercise Price or Tax Liability | Common Stock | 1,454 | $110.03 | $160K |
Holdings After Transaction:
Restricted Stock Unit — 5,903 contracts (Direct);
Common Stock — 70,897.254 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
- F2. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 4/29/2026, 4/29/2027 and 4/29/2028.
Key Figures
RSUs exercised: 2,951 shares
Shares withheld for taxes: 1,454 shares
Share price reported: $110.03 per share
+3 more
6 metrics
RSUs exercised
2,951 shares
Restricted stock units converted to Merck common stock on 4/29/2026
Shares withheld for taxes
1,454 shares
Tax-withholding disposition of Merck common stock at $110.03 per share
Share price reported
$110.03 per share
Value used for both exercise and tax-withholding transactions
Common shares after exercise
72,351.254 shares
Direct Merck common stock ownership following derivative exercise entry
Common shares after withholding
70,897.254 shares
Direct Merck common stock ownership following tax-withholding disposition entry
RSUs remaining
5,903.000 units
Restricted stock units outstanding after the reported derivative transaction
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"The security title includes "Restricted Stock Unit" with a conversion into common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"The transaction_action is described as a "tax-withholding disposition" of common stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Two transactions list the action as "derivative exercise/conversion" for RSUs to common stock."
contingent right financial
"A footnote states each restricted stock unit represents a "contingent right" to one share."
vesting financial
"Footnotes explain that restricted stock units "vest and are distributed" over three installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Merck (MRK) report for EVP Jennifer Zachary?
Merck reported that EVP and General Counsel Jennifer Zachary exercised 2,951 restricted stock units into common shares, with a related disposition of 1,454 shares for tax withholding. These moves reflect routine equity compensation activity rather than open-market buying or selling.
How many Merck (MRK) restricted stock units did Jennifer Zachary have after the transaction?
After the reported activity, one derivative line shows 5,903 restricted stock units remaining. Each unit represents a contingent right to receive one Merck common share, with vesting and distribution scheduled in equal annual installments across 2026, 2027, and 2028, according to the footnotes.
How do the restricted stock units for Merck (MRK) EVP Jennifer Zachary vest?
Footnotes explain that Jennifer Zachary’s restricted stock units vest and are distributed as Merck common shares in three equal installments. The scheduled vesting and distribution dates are April 29, 2026, April 29, 2027, and April 29, 2028, aligning with typical multi-year executive compensation structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
