JNJ director granted 975 deferred share units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 975 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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).
- F2. 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
Key Terms
Amended and Restated Deferred Fee Plan for Directors financial
dividend equivalent rights financial
FAQ
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What insider transaction did JNJ director Mark A. Weinberger report on this Form 4?
What does a price of $0.00 per unit mean for the JNJ DSU grant to Mark A. Weinberger?
AI-generated analysis. How Rhea-AI works. Not financial advice.