Zoetis (ZTS) director logs RSU conversion and 406-share cash disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. director Antoinette Renee Leatherberry reported equity award activity involving restricted stock units (RSUs) and common stock. On February 19, 2026, she exercised or converted RSUs into 1,619 shares of Zoetis common stock, with each RSU delivering one share upon vesting.
The filing shows 406 shares of common stock were disposed of to Zoetis Inc. in exchange for cash based on the closing share price of $127.28 as of the vesting date. After these transactions, she directly owned 5,280 shares of Zoetis common stock and held 1,936 RSUs that represent contingent rights to receive additional shares, subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,619.333 shares exercised/converted
Mixed
4 txns
Insider
Leatherberry Antoinette Renee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,619.333 | $0.00 | -- |
| Exercise | Common Stock | 1,619 | $0.00 | -- |
| Other | Common Stock | 406 | $127.28 | $52K |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 5,686 shares (Direct)
Footnotes (1)
- 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. Disposition of shares to the Company in exchange for cash based on the closing share price of Zoetis Inc. common stock as of the vesting date. 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"). Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock. Each RSU vests and is settled in shares of Zoetis Inc. common stock on the first anniversary of the date of grant, February 19, 2025. Not applicable. Each RSU will vest and be settled in shares of Zoetis Inc. common stock on the first anniversary 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.
FAQ
What insider transactions did Zoetis (ZTS) director Antoinette Leatherberry report?
Director Antoinette Leatherberry reported RSU vesting and related common stock transactions. She converted restricted stock units into 1,619 Zoetis common shares and recorded a disposition of 406 shares back to Zoetis in exchange for cash based on the closing share price.
What do the Zoetis (ZTS) restricted stock units (RSUs) reported by Leatherberry represent?
Each RSU reported represents a contingent right to receive one Zoetis common share. The RSUs were granted under the Zoetis Amended and Restated 2013 Equity and Incentive Plan and include dividend equivalent units, vesting and settling in shares on specified anniversary dates if service conditions are met.
Were the Zoetis (ZTS) transactions in this Form 4 open-market purchases or option exercises?
The Form 4 describes exercise or conversion of derivative securities, not open-market buying. RSUs vested and settled into Zoetis common stock, with a portion of shares disposed to Zoetis for cash based on the closing share price on the vesting date.