Zoetis (NYSE: ZTS) EVP logs RSU vesting and small tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoetis Inc. Executive Vice President Keith Sarbaugh reported routine equity compensation activity. On February 6, 2026, 119 shares of common stock were acquired upon vesting and settlement of restricted stock units, and 48 shares were withheld at $127.42 per share to cover taxes.
After these transactions, Sarbaugh directly owns 2,110 shares of Zoetis common stock. He also holds time-based restricted stock units that each represent a contingent right to receive one share, including 120 RSUs from a February 6, 2024 grant, 1,528.0167 RSUs from a March 31, 2023 grant, and 1,159.7099 RSUs from a February 19, 2025 grant, all vesting in three equal annual installments subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
119.45 shares exercised/converted
Mixed
5 txns
Insider
Sarbaugh Keith
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 119.45 | $0.00 | -- |
| Exercise | Common Stock | 119 | $0.00 | -- |
| Tax Withholding | Common Stock | 48 | $127.42 | $6K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 120 shares (Direct);
Common Stock — 2,158 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 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. Not applicable. 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. 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.
FAQ
What insider transaction did Zoetis (ZTS) Executive Vice President Keith Sarbaugh report?
Keith Sarbaugh reported the vesting of 119 RSU-based Zoetis common shares and a related sale of 48 shares at $127.42 to cover taxes. These transactions reflect routine equity compensation activity rather than an open-market discretionary trade.
What restricted stock unit (RSU) awards does Keith Sarbaugh hold in Zoetis (ZTS)?
Keith Sarbaugh holds several RSU positions: 120 RSUs from a February 6, 2024 grant, 1,528.0167 RSUs from a March 31, 2023 grant, and 1,159.7099 RSUs from a February 19, 2025 grant, each settling one share per RSU upon vesting.
How do Keith Sarbaugh’s Zoetis (ZTS) RSUs vest over time?
Each RSU grant vests in three equal annual installments on the first, second, and third anniversaries of its grant date. Vesting is subject to Sarbaugh’s continued service and may accelerate upon certain specified events, according to the equity plan terms.
Are Keith Sarbaugh’s Zoetis (ZTS) RSU grants part of a company equity plan?
Yes. The RSUs are granted under the Zoetis Inc. Amended and Restated 2013 Equity and Incentive Plan. They include dividend equivalent units and each RSU represents a contingent right to receive one share of Zoetis common stock when vesting conditions are met.