[Form 4] Kenvue Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kenvue Inc. (KVUE) reported insider equity activity by its Chief People Officer on 11/18/2025. Restricted stock units converted into common shares on a one-for-one basis, including 309 and 123 units that became common stock. A matching 309 and 123 shares were withheld to cover FICA taxes arising from the officer being retirement eligible.

After these transactions, the officer directly beneficially owned 31,359.36 shares of Kenvue common stock. The filing also notes remaining restricted stock unit awards of 8,384.47 and 12,622.07 units, which vest in three equal installments on 03/05/2025, 03/05/2026, 03/05/2027 and on 03/10/2026, 03/10/2027, 03/10/2028, respectively, subject to continued service.

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

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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^*

Alvarado Luani

(Last) (First) (Middle)

1 KENVUE WAY

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

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)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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
Common Stock	11/18/2025		M		309	A	(1)	31,668.36	D
Common Stock	11/18/2025		F		309(2)	D	$14.37	31,359.36	D
Common Stock	11/18/2025		M		123	A	(1)	31,482.36	D
Common Stock	11/18/2025		F		123(2)	D	$14.37	31,359.36	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	11/18/2025		M			309	(4)	(4)	Common Stock	309	(1)	8,384.47	D
Restricted Stock Units	(3)	11/18/2025		M			123	(5)	(5)	Common Stock	123	(1)	12,622.07	D

Explanation of Responses:

1. The Restricted Share Units converted into shares of Common Stock on a one-for-one basis.

2. Represents shares withheld to satisfy FICA taxes arising from the Reporting Person being retirement eligible.

3. These units correspond 1 for 1 with the Company's common stock.

4. This award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027, subject to the reporting person's continued service through such vesting date.

5. This award vests in three equal installments on 03/10/2026, 03/10/2027, and 03/10/2028, subject to the reporting person's continued service through such vesting date.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	11/20/2025
	** 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.

FAQ

What insider transaction did Kenvue (KVUE) report on this Form 4?

The Chief People Officer of Kenvue Inc. (KVUE) reported the conversion of restricted stock units into common stock on 11/18/2025, along with share withholding to cover FICA taxes.

How many Kenvue restricted stock units were converted into common stock?

The filing reports restricted stock units converting into common stock on a one-for-one basis, including specific conversions of 309 units and 123 units into Kenvue common shares.

Why were some Kenvue shares withheld in this Form 4 filing?

The filing states that 309 and 123 shares of Kenvue common stock were withheld to satisfy FICA taxes arising from the reporting person being retirement eligible.

How many Kenvue shares does the officer own after the reported transactions?

After the reported transactions, the officer directly beneficially owned 31,359.36 shares of Kenvue common stock.

What Kenvue restricted stock unit awards remain outstanding for this officer?

The filing shows remaining restricted stock unit awards of 8,384.47 units and 12,622.07 units, each corresponding 1-for-1 with Kenvue common stock.

When do the remaining Kenvue restricted stock units vest?

One award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027. The other vests in three equal installments on 03/10/2026, 03/10/2027, and 03/10/2028, subject to continued service.

What is the reporting person’s role at Kenvue (KVUE)?

The reporting person is an officer of Kenvue, serving as the company’s Chief People Officer.