Johnson & Johnson (JNJ) CFO receives 37,463 performance share units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson & Johnson executive Joseph J. Wolk, Exec VP and CFO, was granted 37,463 Performance Share Units on February 9, 2026. These PSUs were awarded under the company’s Long-Term Incentive Plan tied to a grant originally made on February 13, 2023.
The PSUs convert into shares of common stock upon vesting. The 37,463 units reflect the target award adjusted based on achievement of performance conditions in the award agreement, which were certified on February 9, 2026. Following this transaction, Wolk directly holds 37,463 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wolk Joseph J
Role
Exec VP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 37,463 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 37,463 shares (Direct)
Footnotes (1)
- Performance Share Units (PSUs) awarded under Issuer's Long-Term Incentive Plan on February 13, 2023. The PSUs convert into shares of Common Stock upon vesting. The number of PSUs reflects the target number of PSUs originally granted on February 13, 2023, adjusted to reflect achievement relative to the performance conditions set forth in the award agreement, as certified on February 9, 2026.
FAQ
What insider transaction did Johnson & Johnson (JNJ) report for Joseph J. Wolk?
Johnson & Johnson reported that Exec VP and CFO Joseph J. Wolk acquired 37,463 Performance Share Units. These units were granted on February 9, 2026 under the company’s Long-Term Incentive Plan and convert into common stock upon vesting, reflecting performance-based adjustments.
When were the underlying Johnson & Johnson PSUs originally granted to the CFO?
The underlying Performance Share Units were originally granted on February 13, 2023. The Form 4 notes that the current 37,463 units represent the adjusted target amount, updated after assessing performance against conditions in the award agreement, certified on February 9, 2026.
What triggers conversion of the Johnson & Johnson PSUs into common stock?
The Performance Share Units convert into shares of Johnson & Johnson common stock upon vesting. According to the filing, these PSUs are part of the company’s Long-Term Incentive Plan, with final amounts tied to performance conditions set in the award agreement.
What is Joseph J. Wolk’s beneficial ownership after this JNJ Form 4 transaction?
After this transaction, Joseph J. Wolk beneficially owns 37,463 derivative securities in the form of Performance Share Units. The filing shows this entire amount as held directly, arising from the adjusted PSU award recorded on February 9, 2026 under the long-term incentive plan.
Was the JNJ CFO’s PSU transaction a purchase or an award?
The transaction is reported as an award, not an open-market purchase. It is coded as a grant or other acquisition of 37,463 Performance Share Units under Johnson & Johnson’s Long-Term Incentive Plan, with a reported price per unit of $0.00 in the Form 4.