Zoetis (ZTS) director Parent converts RSUs and disposes shares back to company
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. director Louise M. Parent reported equity award activity involving restricted stock units (RSUs). On February 19, 2026, RSUs were exercised into 1,619 shares of common stock, increasing her direct common stock holdings to 16,879 shares. The filing also records a disposition of 615 shares back to Zoetis Inc. for cash based on the closing share price of $127.28, leaving 16,264 common shares directly held. Following these transactions, she also directly holds 1,936 RSUs, each representing a contingent right to receive one Zoetis common share, with future RSUs scheduled to vest and settle in shares on the first anniversary of their grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,619.333 shares exercised/converted
Mixed
4 txns
Insider
PARENT LOUISE M
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 | 615 | $127.28 | $78K |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 16,879 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 did Zoetis (ZTS) director Louise M. Parent report in this Form 4?
Louise M. Parent reported RSU-related equity activity, including conversion of RSUs into 1,619 Zoetis common shares and a disposition of 615 shares back to the company for cash, updating her direct stock and RSU holdings.
What are the key RSU terms disclosed for Zoetis (ZTS) director Louise M. Parent?
Each restricted stock unit represents a contingent right to receive one Zoetis common share. Certain RSUs vest and settle in shares on the first anniversary of grant dates, such as February 19, 2025 and February 18, 2026, subject to continued service and specified events.
How many restricted stock units does Louise M. Parent hold in Zoetis (ZTS)?
Following the transactions, Louise M. Parent holds 1,936 restricted stock units. These RSUs, including dividend equivalent units, were granted under the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan and each represents one potential Zoetis common share upon vesting.