Kenvue (KVUE) General Counsel Matthew Orlando sells 38.5K shares, exits stake

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Kenvue Inc. General Counsel Matthew Orlando reported an open-market sale of Common Stock. He sold 38,491.296 shares of Kenvue on May 8, 2026 at a weighted average price of $17.6583 per share, with individual trade prices ranging from $17.651 to $17.675. Following this transaction, his reported direct ownership of Kenvue Common Stock is 0 shares.

Insider Trade Summary

Net Seller: 38,491.296 shares ($679,691)

Net Sell 1 txn

Insider Orlando Matthew

Role General Counsel

Sold 38,491.296 shs ($680K)

Type	Security	Shares	Price	Value
Sale	Common Stock	38,491.296	$17.6583	$680K

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 38,491.296 shares Weighted average sale price: $17.6583 per share Price range of sales: $17.651 to $17.675 per share +2 more

5 metrics

Shares sold 38,491.296 shares Open-market sale of Kenvue Common Stock on May 8, 2026

Weighted average sale price $17.6583 per share Average across multiple sale transactions

Price range of sales $17.651 to $17.675 per share Range of individual trade prices in the sale

Net shares sold 38,491.296 shares Net-sell direction in transaction summary

Shares held after transaction 0 shares Total direct Kenvue Common Stock following transaction

Key Terms

open-market sale, weighted average price, Common Stock, direct ownership

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"Represents weighted average price. Shares were sold in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

direct ownership financial

"ownership_type: "direct" for the reported shares"

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:27 PM

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^*

Orlando Matthew

(Last)

(First)

(Middle)

1 KENVUE WAY

(Street)

SUMMIT

NEW JERSEY

07901

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Kenvue Inc. [ KVUE ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		S		38,491.296	D	$17.6583⁽¹⁾	0	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents weighted average price. Shares were sold in multiple transactions at prices ranging from $17.651 to $17.675, inclusive.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Kenvue (KVUE) report for Matthew Orlando?

Kenvue reported that General Counsel Matthew Orlando sold 38,491.296 shares of Common Stock in an open-market sale on May 8, 2026. This Form 4 filing shows he no longer holds any directly owned Kenvue Common Stock after the transaction.

At what price did Matthew Orlando sell Kenvue (KVUE) shares?

Matthew Orlando’s sale used a weighted average price of $17.6583 per Kenvue share. The filing explains that individual trades occurred in multiple transactions, with prices ranging from $17.651 to $17.675 per share, indicating execution across a narrow intraday price band.

How many Kenvue (KVUE) shares did Matthew Orlando sell in this Form 4?

He sold 38,491.296 Kenvue Common Stock shares in this reported transaction. The filing classifies it as an open-market sale and indicates this was his entire directly owned position, leaving him with zero shares of Kenvue Common Stock afterward.

What is Matthew Orlando’s role at Kenvue (KVUE) in this Form 4?

The Form 4 identifies Matthew Orlando as an officer of Kenvue serving as General Counsel. His reported transaction involves selling personally held Common Stock, and the ownership type is listed as direct, meaning the shares were held in his own name.

Does Matthew Orlando retain any Kenvue (KVUE) shares after this transaction?

According to the Form 4, Matthew Orlando holds zero Kenvue Common Stock shares directly after the sale. The total shares following the transaction are reported as 0.0000, and there are no remaining derivative securities disclosed in the derivative summary.

How does the Form 4 describe the pricing of Matthew Orlando’s Kenvue (KVUE) sale?

The filing states the reported price is a weighted average, not a single trade price. It notes that shares were sold in multiple transactions, with individual sale prices ranging from $17.651 to $17.675, and uses $17.6583 per share as the weighted average figure.