Johnson & Johnson: Timothy Schmid plans $9.2M stock sale
Timothy Schmid’s proposed Rule 144 sale of 33,597 J&J shares—valued about $9.23M—could be settled in cash on or about Sept. 2, 2026.
Rhea-AI Filing Summary
JOHNSON & JOHNSON (JNJ) is the issuer of common stock that Timothy Schmid plans to sell under Rule 144. A notice was filed for the proposed sale of 33,597 shares of J&J common stock through Fidelity Brokerage Services LLC, with an aggregate market value of about $9.23 million, with a proposed sale date of September 2, 2026. The shares are to be issued from a stock option exercise with the issuer and settled in cash.
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Key Figures
Shares to be sold: 33,597 shares
Aggregate market value: $9,230,439.78
Proposed sale date: September 2, 2026
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5 metrics
Shares to be sold
33,597 shares
Common stock of JOHNSON & JOHNSON proposed for sale under Rule 144
Aggregate market value
$9,230,439.78
Market value for 33,597 shares of JOHNSON & JOHNSON common stock in the notice
Proposed sale date
September 2, 2026
Date listed for sale of the 33,597 JOHNSON & JOHNSON shares
Security type
Common Stock
Class of JOHNSON & JOHNSON securities covered by the Form 144
Broker
Fidelity Brokerage Services LLC
Broker handling the proposed Rule 144 sale of 33,597 JNJ shares
Key Terms
Rule 144, Form 144, Stock Option Exercise, attorney-in-fact, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information and 144: Issuer Information sections"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 09/02/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Timothy Schmid"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate market value financial
"Fidelity Brokerage Services LLC ... | 33597 | 9230439.78"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing mean for JOHNSON & JOHNSON (JNJ)?
The Form 144 filing discloses that 33,597 shares of JOHNSON & JOHNSON common stock may be sold under Rule 144 by or for the account of Timothy Schmid. It is a required notice for potential resale of restricted or control securities and does not by itself change J&J’s capital structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.