JNJ legal chief awarded 13,706 performance units

Johnson & Johnson reported that EVP and Chief Legal Officer Elizabeth Forminard acquired 13,706 Performance Share Units (PSUs) on February 9, 2026 as a grant under the company’s long-term incentive plan.

Rhea-AI Filing Summary

Johnson & Johnson reported that EVP and Chief Legal Officer Elizabeth Forminard acquired 13,706 Performance Share Units (PSUs) on February 9, 2026 as a grant under the company’s long-term incentive plan.

The PSUs, originally granted on February 13, 2023, convert into an equal number of Johnson & Johnson common shares upon vesting, with the final number certified based on achievement of performance conditions as of February 9, 2026.

Insider Trade Summary

Grant/Award: 13,706 shares

Grant/Award 1 txn

Insider Forminard Elizabeth

Role EVP, Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Units	13,706	$0.00	$0.00

Holdings After Transaction: Performance Share Units — 13,706 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Johnson & Johnson (JNJ) report for Elizabeth Forminard?

Johnson & Johnson reported that EVP and Chief Legal Officer Elizabeth Forminard acquired 13,706 Performance Share Units on February 9, 2026. These units were granted under the company’s long-term incentive plan and are tied to performance conditions set out in a prior award agreement.

What are the 13,706 Performance Share Units reported for JNJ’s Elizabeth Forminard?

The 13,706 Performance Share Units are equity awards under Johnson & Johnson’s long-term incentive plan. They convert into the same number of Johnson & Johnson common shares upon vesting, with the final amount based on achievement of specified performance conditions certified on February 9, 2026.

When were Elizabeth Forminard’s Johnson & Johnson Performance Share Units granted and certified?

The Performance Share Units were originally granted on February 13, 2023 under Johnson & Johnson’s long-term incentive plan. The number of units, 13,706, reflects achievement against performance conditions, which were formally certified on February 9, 2026 according to the award agreement.

How do Elizabeth Forminard’s JNJ Performance Share Units convert into common stock?

The Performance Share Units convert into Johnson & Johnson common stock upon vesting. Each unit corresponds to one share, so 13,706 PSUs are tied to 13,706 shares. The final number is adjusted based on certified performance results specified in the original award agreement.

Is Elizabeth Forminard’s Form 4 transaction in JNJ stock a purchase or an award?

The Form 4 transaction reflects an award, not an open-market purchase. It is coded as an acquisition of derivative securities, specifically 13,706 Performance Share Units granted under Johnson & Johnson’s long-term incentive plan, with a reported price of $0.00 per unit.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/11/2026 - 08:37 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Forminard Elizabeth

(Last) (First) (Middle)

ONE JOHNSON & JOHNSON PLAZA

(Street)

NEW BRUNSWICK NJ 08933

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JOHNSON & JOHNSON [ JNJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	(1)	02/09/2026		A		13,706		02/13/2026	(1)	Common Stock	13,706	$0	13,706(2)	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Joleen Morgan, as attorney-in-fact for Elizabeth Forminard	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.