Zoetis (NYSE: ZTS) director receives 1,936 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stetter Mark reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. director Mark Stetter received a grant of 1,936 restricted stock units (RSUs) of Zoetis common stock. Each RSU represents the right to receive one Zoetis share and is issued at no cash cost, vesting after one year of continued service, subject to certain early-vesting events.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stetter Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,936 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,936 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 restricted stock unit represents a contingent right to receive one share of Zoetis Inc. common stock. 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. 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, May 21, 2025, 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 insider transaction did Zoetis (ZTS) director Mark Stetter report?
Mark Stetter reported receiving a grant of 1,936 restricted stock units (RSUs) in Zoetis Inc. common stock. These units are a form of equity compensation that convert into shares if specific vesting conditions, including continued service, are satisfied.
What does each restricted stock unit represent for Zoetis (ZTS)?
Each Zoetis RSU represents a contingent right to receive one share of Zoetis Inc. common stock. The shares are delivered only after the RSUs vest, linking director compensation to the company’s future performance and continued board service.
When will the new Zoetis (ZTS) RSUs granted to Mark Stetter vest?
The new RSUs will vest and be settled in Zoetis common stock on the first anniversary of the grant date, assuming Mark Stetter continues to serve through that vesting date, with potential earlier vesting upon certain specified events.
Are cash payments involved in the Zoetis (ZTS) RSU grant to Mark Stetter?
The RSU grant is awarded at a stated price of $0.00 per unit, meaning no cash is paid to acquire the units. Value is realized later if the RSUs vest and convert into Zoetis common shares that can then be held or sold.
Under which plan were the new Zoetis (ZTS) RSUs for Mark Stetter granted?
The RSUs were granted under the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan. This plan authorizes equity-based awards such as restricted stock units and related dividend equivalents for directors, executives, and other eligible participants.
Do the Zoetis (ZTS) RSUs for Mark Stetter include dividend equivalents?
Yes. The reported RSUs include dividend equivalent units automatically issued on the underlying restricted stock units. These equivalents mirror dividends on Zoetis common stock, increasing the number of RSUs credited until vesting and settlement into actual shares.