Zoetis (ZTS) director reports RSU conversion and 517-share cash transaction
Rhea-AI Filing Summary
Zoetis Inc. director Vanessa Broadhurst reported equity compensation activity involving restricted stock units (RSUs) and common shares. On February 19, 2026, RSUs covering about 1,619 shares were exercised and converted into 1,619 shares of Zoetis common stock at a price of $0.00 per share. A separate transaction involving 517 common shares at $127.28 per share was reported as an other acquisition or disposition, with a footnote explaining these shares were transferred back to Zoetis in exchange for cash based on the closing share price on the vesting date. After these movements, she directly holds 3,920 shares of Zoetis common stock and 1,936 RSUs that each represent a contingent right to receive one share of common stock, generally vesting on the first anniversary of the grant date if service conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,619.333 | $0.00 | -- |
| Exercise | Common Stock | 1,619 | $0.00 | -- |
| Other | Common Stock | 517 | $127.28 | $66K |
| holding | Restricted Stock Unit | -- | -- | -- |
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.