Johnson & Johnson (NYSE: JNJ) exec nets shares after 15,571-option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson & Johnson executive Timothy Schmid, EVP and Worldwide Chair of MedTech, reported routine equity transactions on February 6, 2026. He exercised 15,571 employee stock options at $101.87 per share through an automatic exercise immediately before expiration, receiving the same number of common shares.
To cover the option exercise price and related taxes, 10,335 common shares were withheld at a value of $239.99 per share, leaving 22,125 common shares held directly after the transactions. He also reports indirect ownership of 745 shares through a 401(k) plan and 46 shares through an ESOP under the Johnson & Johnson Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,571 shares exercised/converted
Mixed
5 txns
Insider
Schmid Timothy
Role
EVP, WW Chair, MedTech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) | 15,571 | $101.87 | $1.59M |
| Exercise | Common Stock | 15,571 | $101.87 | $1.59M |
| Tax Withholding | Common Stock | 10,335 | $239.99 | $2.48M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 32,460 shares (Direct);
Common Stock — 745 shares (Indirect, By 401k)
Footnotes (1)
- Reflects the auto-exercise of options immediately prior to their expiration. Shares withheld for payment of the exercise price and taxes in connection with the exercise of the options reported on this Form 4. Includes shares accrued due to dividend reinvestment in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (1/31/2026). Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (1/31/2026).
FAQ
What did Johnson & Johnson (JNJ) executive Timothy Schmid report in this Form 4?
Timothy Schmid reported an automatic exercise of 15,571 stock options at $101.87 per share and related share withholding for taxes and exercise price, resulting in 22,125 common shares held directly, plus additional indirect retirement-plan holdings.
How many Johnson & Johnson (JNJ) options did Timothy Schmid exercise?
He exercised 15,571 employee stock options on February 6, 2026 at an exercise price of $101.87 per share. The filing notes this was an auto-exercise immediately before expiration, converting these options into an equal number of Johnson & Johnson common shares.
Was the Johnson & Johnson (JNJ) option exercise discretionary or automatic?
The filing states the transaction reflects the auto-exercise of options immediately before their expiration. This indicates the 15,571 options were exercised automatically under their terms, rather than through a separate discretionary trading decision on that date.