Johnson & Johnson director granted 1,712 DSUs
Pinto Daniel E reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Pinto Daniel E reported acquisition or exercise transactions in this Form 4 filing.
Johnson & Johnson director Daniel E. Pinto received a grant of 1,712 Deferred Share Units (DSUs). These DSUs were awarded under the company’s Amended and Restated Deferred Fee Plan for Directors and are a form of non-cash director compensation.
After this grant, Pinto holds a total of 2,174.069 DSUs. According to the disclosure, these DSUs will be settled in cash when his board service ends, with each unit representing the fair market value of one share of Johnson & Johnson common stock on the settlement date. The total also reflects dividend equivalent rights that accrue on DSUs in connection with the company’s quarterly dividends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 1,712 | $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 did Johnson & Johnson (JNJ) director Daniel Pinto report on this Form 4?
What does the Form 4 say about dividend equivalent rights on Daniel Pinto’s Johnson & Johnson (JNJ) DSUs?
Is Daniel Pinto’s Johnson & Johnson (JNJ) Form 4 transaction an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.