Zoetis director reports new deferred stock units
Zoetis Inc. director Sanjay Khosla reported equity award activity involving restricted and deferred stock units.
Rhea-AI Filing Summary
Zoetis Inc. director Sanjay Khosla reported equity award activity involving restricted and deferred stock units. On February 19, 2026, 1,619.3325 restricted stock units were exercised and converted into an equal number of deferred stock units at no cash cost.
These deferred stock units are fully vested, accrue dividend equivalents, and each unit corresponds to one share of Zoetis common stock. Following the grant, Khosla directly held 11,620.8453 deferred stock units and 1,936 restricted stock units. Deferred units will be paid in Zoetis shares after his board service ends or upon specified change-in-control or termination events.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,619.3325 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Unit | 1,619.3325 | $0.00 | $0.00 |
| holding | Deferred Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (11)
- F1. 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").
- F2. Each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock.
- F3. 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.
- F4. Not applicable.
- F5. Upon the vesting of the reporting person's restricted stock units on February 19, 2026, the reporting person received 1,619.3325 deferred stock units ("DSUs") pursuant to a voluntary deferral under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan. The DSUs are fully vested, accrue dividend equivalent units, and will be paid in a single lump payment within 30 business days following the earlier to occur of (i) a Termination Event, and (ii) a Change in Control that constitutes a "change in ownership or control" for purposes of Section 409A in accordance with the terms of the Plan.
- F6. Represents deferred stock units granted pursuant to a voluntary deferral under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan, and dividend equivalent units automatically issued thereon (each a "DSU" and collectively, "DSUs"). The DSUs are fully vested and will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director at Zoetis.
- F7. Each DSU represents the right to receive one share of Zoetis Inc. common stock.
- F8. Includes 10,001.5128 of DSUs previously granted under the Zoetis Inc. Amended and Restated Non-Employee Director Deferred Compensation Plan, including dividend units automatically issued thereon, and 1,619.3325 of DSUs granted upon the vesting of the Reporting Person's RSUs on February 19, 2026.
- F9. Represents deferred stock units granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan, and dividend equivalent units automatically issued thereon (each a "DSU" and collectively, "DSUs"). The DSUs were fully vested on the date of the grant.
- F10. Each DSU will be settled in shares of Zoetis Inc. common stock upon the reporting person's separation from service as a director of Zoetis Inc.
- F11. 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
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What insider transactions did Zoetis (ZTS) director Sanjay Khosla report?
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When will Sanjay Khosla’s Zoetis (ZTS) deferred stock units be paid out?
Does the Zoetis (ZTS) Form 4 show any open-market stock purchases or sales?
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