Johnson & Johnson (NYSE: JNJ) director receives 975 deferred share units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson & Johnson director Mark A. Weinberger received a grant of 975 Deferred Share Units (DSUs) on Common Stock, reported as a compensation-related acquisition at a price of $0.00 per unit. After this grant, he holds a total of 12,010.408 DSUs directly.
According to the plan terms, these DSUs are to be settled in cash when his service as a director ends, with each DSU valued at the fair market value of one share of Common Stock on the settlement date. The reported holdings also include dividend equivalent rights that accrue on DSUs in line with Johnson & Johnson’s quarterly dividend.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEINBERGER MARK A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 975 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 12,010.408 shares (Direct, null)
Footnotes (1)
- Grant of Deferred Share Units (DSU) acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon termination of the Reporting Person's directorship (with each DSU representing the fair market value of one share of Common Stock on the 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.
Key Figures
Deferred Share Units granted: 975 units
Total Deferred Share Units after grant: 12,010.408 units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Deferred Share Units granted
975 units
Grant to Mark A. Weinberger on Deferred Share Units
Total Deferred Share Units after grant
12,010.408 units
Holdings following transaction
Grant price per unit
$0.00 per unit
Compensation-related DSU award, not market purchase
Underlying Common Stock shares
975 shares
Each DSU corresponds to one share of Common Stock
Key Terms
Deferred Share Units, Amended and Restated Deferred Fee Plan for Directors, dividend equivalent rights
3 terms
Amended and Restated Deferred Fee Plan for Directors financial
"acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors"
dividend equivalent rights financial
"Includes dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
What insider transaction did JNJ director Mark A. Weinberger report on this Form 4?
Mark A. Weinberger reported receiving a grant of 975 Deferred Share Units. These units are a form of director compensation tied to Johnson & Johnson’s Common Stock and increase his total deferred share unit holdings to 12,010.408 after the transaction.
What does a price of $0.00 per unit mean for the JNJ DSU grant to Mark A. Weinberger?
A price of $0.00 per unit indicates the DSUs were granted as compensation rather than purchased in the market. The economic value comes later, when cash settlement is based on Johnson & Johnson’s share price at the time his board service ends.