Zoetis (ZTS) EVP Rimma Driscoll reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Rimma Driscoll reported equity transactions involving restricted stock units and common shares. On February 19, 2026, she acquired 454.6338 restricted stock units through an exercise or conversion of derivative securities and received 454 shares of Zoetis common stock at a price of $0.00 per share upon RSU vesting and settlement.
On the same date, 179 shares of common stock were disposed of at $127.28 per share to satisfy tax withholding obligations related to these awards. After these transactions, she held 5,715 shares of common stock directly. Footnotes state that each RSU represents a right to receive one share of Zoetis common stock, generally vesting in one-third increments on the first, second, and third anniversaries of the respective grant dates, subject to continued service and certain earlier vesting events.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 454.634 | $0.00 | -- |
| Exercise | Common Stock | 454 | $0.00 | -- |
| Tax Withholding | Common Stock | 179 | $127.28 | $23K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
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. 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 RSU represents a contingent right to receive one share of Zoetis Inc. common stock. One-third of each RSU vest 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. Not applicable. 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. 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.