Zoetis (ZTS) EVP Keith Sarbaugh reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Keith Sarbaugh reported equity compensation activity involving restricted stock units (RSUs) and common stock. On February 19, 2026, RSUs converted into 386 shares of Zoetis common stock, increasing his directly held common shares.
On the same date, 154 common shares were disposed of at $127.28 per share to satisfy tax withholding obligations, a non‑open‑market transaction. After these transactions, Sarbaugh directly owned 2,342 Zoetis common shares and held multiple RSU awards under the Zoetis Amended and Restated 2013 Equity and Incentive Plan, which generally vest in three equal installments on the first, second, and third anniversaries of their grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
386.71 shares exercised/converted
Mixed
6 txns
Insider
Sarbaugh Keith
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 386.71 | $0.00 | -- |
| Exercise | Common Stock | 386 | $0.00 | -- |
| Tax Withholding | Common Stock | 154 | $127.28 | $20K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 773 shares (Direct);
Common Stock — 2,496 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. 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 vests 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. 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, March 31, 2023; 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 did Zoetis (ZTS) Executive Vice President Keith Sarbaugh report on this Form 4?
Keith Sarbaugh reported RSU vesting into Zoetis common stock and a related tax‑withholding share disposition. The filing details equity compensation activity, not an open‑market purchase or sale, and updates his direct holdings in common shares and restricted stock units.
What are restricted stock units (RSUs) in the Zoetis (ZTS) filing for Keith Sarbaugh?
The RSUs are awards under the Zoetis Amended and Restated 2013 Equity and Incentive Plan. Each RSU represents a contingent right to receive one Zoetis common share, typically vesting in three equal annual installments if Sarbaugh continues in service, with certain earlier‑vesting events possible.
How do Keith Sarbaugh’s Zoetis (ZTS) RSUs vest over time?
The RSU awards generally vest and settle in Zoetis common stock in three equal installments on the first, second, and third anniversaries of their grant dates, such as February 6, 2024, February 19, 2025, and February 18, 2026, contingent on continued service.