Johnson & Johnson CLO sells 15,918 shares
Johnson & Johnson executive Elizabeth Forminard, EVP and Chief Legal Officer, exercised employee stock options covering 9,344 shares of common stock on August 6, 2026.
Rhea-AI Filing Summary
Johnson & Johnson executive Elizabeth Forminard, EVP and Chief Legal Officer, exercised employee stock options covering 9,344 shares of common stock on August 6, 2026. These options, granted under the company’s Long-Term Incentive Plan, had an exercise price of $131.94 per share and an expiration date of February 11, 2029.
On the same date, she acquired 9,344 shares of common stock through the option exercise and then sold a total of 15,918 shares of common stock in open market or private transactions, including 9,344 shares at $257.755 per share and 6,574 shares at $255.932 per share. After the exercise, the reported balance for this specific stock option award was 0 shares.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Forminard Elizabeth
Role
EVP, Chief Legal Officer
Sold
15,918 shs ($4.09M)
Approx. gross sale proceeds
$4.09M
Approx. exercise cost
$1.23M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) F1 | 9,344 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,344 | $131.94 | $1.23M |
| Sale | Common Stock | 9,344 | $257.755 | $2.41M |
| Sale | Common Stock | 6,574 | $255.932 | $1.68M |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 16,994 shares (Direct)
Footnotes (1)
- F1. Awarded under Issuer's Long-Term Incentive Plan. The Stock Option Award vests and is exercisable on the third anniversary of the grant date.
Key Figures
Options Exercised: 9,344 shares
Exercise Price: $131.94 per share
Option Expiration: February 11, 2029
+3 more
6 metrics
Options Exercised
9,344 shares
Employee stock options exercised by EVP Elizabeth Forminard on August 6, 2026
Exercise Price
$131.94 per share
Exercise price of employee stock options granted under Long-Term Incentive Plan
Option Expiration
February 11, 2029
Expiration date of the employee stock option award exercised
Shares Sold
15,918 shares
Total Johnson & Johnson common shares sold in reported transactions on August 6, 2026
Sale Price for 9,344 Shares
$257.755 per share
Per-share price for sale of 9,344 Johnson & Johnson common shares
Sale Price for 6,574 Shares
$255.932 per share
Per-share price for sale of 6,574 Johnson & Johnson common shares
Key Terms
Employee Stock Options (Right to Buy), Long-Term Incentive Plan, derivative security, open market or private transaction
4 terms
Employee Stock Options (Right to Buy) financial
"Security title is Employee Stock Options (Right to Buy) for 9,344 shares."
Long-Term Incentive Plan financial
"Awarded under Issuer's Long-Term Incentive Plan. The Stock Option Award vests and is exercisable..."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open market or private transaction financial
"Sale in open market or private transaction is the description for the S-coded sales."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Johnson & Johnson (JNJ) EVP Elizabeth Forminard report in this Form 4?
Elizabeth Forminard reported exercising 9,344 employee stock options at $131.94 per share and then selling 15,918 Johnson & Johnson common shares in market transactions at prices of $257.755 and $255.932 per share.
What stock options did Elizabeth Forminard exercise at Johnson & Johnson (JNJ)?
She exercised employee stock options for 9,344 shares of Johnson & Johnson common stock at an exercise price of $131.94 per share. The options were granted under the Long-Term Incentive Plan and carry an expiration date of February 11, 2029.
Were Elizabeth Forminard’s Johnson & Johnson (JNJ) option awards part of a long-term incentive plan?
Yes. A footnote states the employee stock option award was granted under Johnson & Johnson’s Long-Term Incentive Plan and that the award vests and becomes exercisable on the third anniversary of the grant date associated with the option.
What is the expiration date of the exercised Johnson & Johnson (JNJ) stock options?
The exercised options have an expiration date of February 11, 2029. They relate to an employee stock option award granted under Johnson & Johnson’s Long-Term Incentive Plan and were exercised for 9,344 shares of common stock at $131.94 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
