Johnson & Johnson (NYSE: JNJ) director receives cash-settled deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson & Johnson director Eugene A. Woods received a grant of deferred share units as part of his board compensation. On this date, he acquired 154.869 Deferred Share Units (DSUs), each valued at 242.1400 per unit, bringing his total DSU balance to 5,240.094 units.
The DSUs represent deferred cash retainer fees under the company’s Amended and Restated Deferred Fee Plan for Directors and are to be settled in cash when his directorship ends. Each DSU tracks the fair market value of one share of Johnson & Johnson common stock, and the balance includes dividend equivalent rights credited on outstanding DSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woods Eugene A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 154.869 | $242.14 | $37K |
Holdings After Transaction:
Deferred Share Units — 5,240.094 shares (Direct)
Footnotes (1)
- Acquisition of Deferred Share Units (DSU) for deferral of cash retainer under the Issuer's Amended and Restated Deferred Fee Plan for Directors. DSUs are to be settled in cash upon termination of the Reporting Person's directorship. Each DSU represents the fair market value of one share of Common Stock on the business day prior to settlement date. Includes dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on DSUs held by the Reporting Person.
FAQ
What did Johnson & Johnson (JNJ) director Eugene A. Woods report on this Form 4?
Eugene A. Woods reported receiving 154.869 Deferred Share Units as compensation. These units were granted in lieu of cash director fees and increased his total DSU holdings to 5,240.094 units tied to Johnson & Johnson’s common stock value.