Form 4: Zoetis Director Vanessa Broadhurst Reports RSU Vesting and Stock Transactions

Zoetis Inc. Director Vanessa Broadhurst reported the vesting of restricted stock units and subsequent acquisition and disposition of common stock on July 25, 2025.

Summary

• Vanessa Broadhurst, a Director of Zoetis Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
• On July 25, 2025, 1,412 shares of common stock were acquired upon the vesting and settlement of RSUs.
• Concurrently, 451 shares of common stock were disposed of to the company for cash at a price of $152.12 per share, likely for tax withholding purposes.
• Following these transactions, Broadhurst directly beneficially owns 2,818 shares of common stock.
• Additionally, 1,412.9076 restricted stock units, granted on July 25, 2022, vested and were settled, resulting in 0 beneficially owned derivative securities from that specific grant.
• Broadhurst also holds 1,606.8225 restricted stock units granted under the Amended and Restated 2013 Equity and Incentive Plan, which are expected to vest and settle on February 19, 2025.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to equity compensation, which are neutral in sentiment. It reflects the normal course of a director's compensation and shareholding adjustments.

Positives

• Vesting of 1,412.9076 restricted stock units indicates the fulfillment of equity compensation, reflecting continued service and performance.
• The acquisition of 1,412 shares of common stock increases the director's direct ownership in the company, aligning interests with shareholders.

Negatives

• Disposition of 451 shares of common stock for cash, although likely for tax purposes, reduces the director's direct shareholding.

Future Outlook

The filing indicates that 1,606.8225 restricted stock units are expected to vest and settle into shares of Zoetis Inc. common stock on February 19, 2025, subject to the reporting person's continued service.

Industry Context

This filing represents a routine insider transaction related to equity compensation for a director. Such transactions are common across publicly traded companies, particularly for executives and board members who receive restricted stock units or options as part of their compensation packages. It does not provide broader insights into Zoetis's operational performance or industry trends, but rather details an individual's shareholdings and compensation events.

Comparison to Industry Standards

• This type of transaction, involving the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations, is a standard practice in executive and director compensation across various industries.
• It aligns with common equity incentive plans designed to retain talent and align management interests with shareholder value.
• No specific comparable companies or projects are mentioned in the filing to allow for a direct comparative assessment of results.

Related Party Transactions

• Disposition of 451 shares to Zoetis Inc. in exchange for cash, likely for tax withholding, constitutes a transaction with a related party (the company).

Stakeholder Impact

• Shareholders: The acquisition of shares upon RSU vesting increases the director's direct ownership, potentially aligning interests. The disposition of shares for tax purposes is a minor, routine event and unlikely to have a significant impact on overall share structure or value.
• Employees: The equity compensation structure, as evidenced by the RSU vesting, is a common practice that can motivate and retain key personnel.

Next Steps

• The remaining 1,606.8225 restricted stock units are expected to vest and settle on February 19, 2025, subject to continued service.

Key Dates

Keywords

Zoetis Inc., ZTS, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Equity Compensation, Director, Stock Transaction, Share Vesting, Common Stock