JNJ legal chief Forminard (NYSE: JNJ) exercises 8,921 options, sells 6,226
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson & Johnson EVP and Chief Legal Officer Elizabeth Forminard reported an option exercise and related share sale. On 02/05/2026, she exercised employee stock options for 8,921 shares of common stock at $129.51 per share.
On the same date, 6,226 common shares coded "F" were sold in market trades at a weighted average price of $237.90, executed in multiple trades between $237.89 and $237.935. After these transactions, she directly held 15,548 shares of Johnson & Johnson common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,921 shares exercised/converted
Mixed
3 txns
Insider
Forminard Elizabeth
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) | 8,921 | $129.51 | $1.16M |
| Exercise | Common Stock | 8,921 | $129.51 | $1.16M |
| Tax Withholding | Common Stock | 6,226 | $237.90 | $1.48M |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 21,774 shares (Direct)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $237.89 to $237.935. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Vested and exercisable on the third anniversary of the date of the grant.
FAQ
What insider transactions did JNJ EVP Elizabeth Forminard report on this Form 4?
Elizabeth Forminard reported exercising 8,921 employee stock options and acquiring the same number of Johnson & Johnson common shares, then selling 6,226 common shares in market trades. After these transactions, she directly held 15,548 shares of JNJ common stock.
On what date did the reported Johnson & Johnson (JNJ) insider transactions occur?
All reported transactions occurred on February 5, 2026. That day, Elizabeth Forminard exercised 8,921 stock options at $129.51 per share and sold 6,226 common shares in multiple trades, updating her directly owned Johnson & Johnson share balance to 15,548.
How many Johnson & Johnson (JNJ) options did Elizabeth Forminard exercise and at what price?
She exercised 8,921 employee stock options at an exercise price of $129.51 per share. These options, originally granted on February 12, 2021, converted into 8,921 shares of Johnson & Johnson common stock as part of the reported Form 4 transaction.
What is Elizabeth Forminard’s role at Johnson & Johnson (JNJ) according to the Form 4?
The Form 4 identifies Elizabeth Forminard as an officer of Johnson & Johnson, serving as Executive Vice President and Chief Legal Officer. Her insider status requires reporting changes in her beneficial ownership of JNJ securities under Section 16 of U.S. securities laws.