Form 4: Zoetis Executive Keith Sarbaugh Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Keith Sarbaugh reports the acquisition and disposal of Zoetis Inc. common stock and restricted stock units.
Summary
- On February 6, 2025, Keith Sarbaugh, an Executive Vice President at Zoetis Inc., reported transactions involving the company's stock.
- Sarbaugh acquired 117 shares of common stock upon the vesting and settlement of restricted stock units (RSUs).
- He also disposed of 47 shares of common stock at a price of $174.12.
- Following these transactions, Sarbaugh directly owns 1,049 shares of Zoetis Inc. common stock.
- He also holds 236 restricted stock units from a grant on February 6, 2024, and 3,012.194 restricted stock units from a grant on March 31, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives at publicly traded companies like Zoetis.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2023 | Date of grant for 3,012.194 restricted stock units, vesting in thirds annually. |
| 02/06/2024 | Date of grant for restricted stock units, vesting in thirds annually. |
| 02/06/2025 | Date of reported transactions: acquisition of 117 shares and disposal of 47 shares. |
| 02/10/2025 | Date of signature on the Form 4 filing. |
Keywords
Zoetis, ZTS, Stock, RSU, Keith Sarbaugh, Executive Vice President, Form 4, Beneficial Ownership
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