Form 4: Zoetis Executive Roxanne Lagano Reports Stock Transactions
SEC Filing
Executive Vice President Roxanne Lagano reports stock transactions including acquisitions and disposals of Zoetis Inc. common stock related to vesting of restricted stock units and sales under a 10b5-1 trading plan.
Summary
- Roxanne Lagano, an Executive Vice President at Zoetis Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 8, 2025, Lagano acquired 597 shares and 1,404 shares of common stock upon the vesting and settlement of restricted stock units (RSUs).
- Also on February 8, 2025, Lagano disposed of 226 shares and 464 shares to cover tax obligations at a price of $171.43.
- On February 11, 2025, Lagano sold 326 shares at $171.18 per share under a pre-arranged Rule 10b5-1 trading plan.
- Following these transactions, Lagano directly owns 16,107 shares of Zoetis Inc. common stock.
- Lagano also indirectly owns 811.5728 shares through the Zoetis Inc. Savings Plan (401(k)).
- She also holds 1,074 restricted stock units.
- The reported transactions were made pursuant to a Rule 10b5-1 trading plan adopted on September 13, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and trading activity.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 12/31/2024 | Date of common stock equivalents held in the Zoetis Inc. Savings Plan, a 401(k) plan |
| 02/08/2025 | Date of RSU vesting and stock acquisition/disposal |
| 02/11/2025 | Date of stock sale under 10b5-1 plan |
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