Zoetis (NYSE: ZTS) EVP receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. reported that Executive Vice President Ferran Astorga Jeannette received new equity awards. On February 18, 2026, the executive was granted 2,197 restricted stock units and 8,693 stock options at an exercise price of $0.00 per option.
Each restricted stock unit represents a contingent right to receive one share of Zoetis common stock. One-third of both the RSUs and stock options will vest on the first, second, and third anniversaries of the February 18, 2026 grant date, subject to continued service and earlier vesting upon certain specific events.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Ferran Astorga Jeannette
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,197 | $0.00 | -- |
| Grant/Award | Stock Option | 8,693 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,197 shares (Direct);
Stock Option — 8,693 shares (Direct)
Footnotes (1)
- 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 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. 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 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. 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. Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan. One-third of each option will vest on the first, second and third anniversaries of the date of grant, February 18, 2026. Each option expires on the tenth anniversary of the date of grant. One-third of each option will vest on the first, second and third anniversaries of the date of grant, February 19, 2025. One-third of each option vests on the first, second and third anniversaries of the date of grant, February 6, 2024. One-third of each option vested on the first, second and third anniversaries of the date of grant, February 8, 2023. Stock options (right to buy Zoetis Inc. common stock) granted pursuant to the Zoetis Inc. 2013 Equity and Incentive Plan 1,304 options granted September 30, 2020 at an exercise price of $165.37 per option; 925 options granted February 10, 2021 at an exercise price of $160.62 per option; and 1,828 options granted February 8, 2022 at an exercise price of $201.30 per option. Each option vested on the third anniversary of the date of grant.
FAQ
What equity awards did Zoetis (ZTS) grant to Ferran Astorga Jeannette?
Zoetis granted Executive Vice President Ferran Astorga Jeannette 2,197 restricted stock units and 8,693 stock options on February 18, 2026. These awards were issued under the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan.
How do the new Zoetis (ZTS) restricted stock units work for the EVP?
Each restricted stock unit gives the executive a contingent right to receive one share of Zoetis common stock. The RSUs vest in three equal installments on the first, second, and third anniversaries of the February 18, 2026 grant date, subject to continued service.
What is the vesting schedule for Zoetis (ZTS) stock options granted to the EVP?
The 8,693 stock options vest in three equal parts on the first, second, and third anniversaries of the February 18, 2026 grant date. Vesting is conditioned on the executive’s continued service and may accelerate upon certain specific events disclosed in the plan.
Under which plan were the new Zoetis (ZTS) executive equity awards issued?
The restricted stock units and stock options were granted under the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan. This equity plan governs terms such as vesting, settlement in Zoetis common stock, and conditions for earlier vesting events.
Do the Zoetis (ZTS) restricted stock units settle in common stock?
Yes, each restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock. Settlement occurs as the RSUs vest over three years, assuming the executive continues to meet the service-based vesting conditions set out in the award terms.