Kenvue (NYSE: KVUE) awards 10,309 deferred share units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kenvue Inc. director Richard E. Allison Jr. received a grant of 10,309 Deferred Share Units (DSUs) valued at $17.46 per unit. These DSUs are part of the company's Amended and Restated Deferred Fee Plan for Directors.
Each DSU represents the right to receive one share of Kenvue common stock, to be settled when his board service ends. Following this grant, Allison holds a total of 47,943.229 DSUs directly, including units previously acquired as dividend equivalents. This is a routine, compensation-related equity award, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALLISON RICHARD E JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 10,309 | $17.46 | $180K |
Holdings After Transaction:
Deferred Share Units — 47,943.229 shares (Direct, null)
Footnotes (1)
- Grant of Deferred Share Units ("DSUs") under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in shares of the Issuer's common stock upon termination of the Reporting Person's directorship (with each DSU representing the right to receive one share of Common Stock on the settlement date). Includes DSUs acquired as dividend equivalents.
Key Figures
Deferred Share Units granted: 10,309 units
Grant reference price: $17.46 per unit
Total DSUs after grant: 47,943.229 units
+2 more
5 metrics
Deferred Share Units granted
10,309 units
Grant of DSUs to director on May 21, 2026
Grant reference price
$17.46 per unit
Value per Deferred Share Unit for this award
Total DSUs after grant
47,943.229 units
Director’s Deferred Share Unit balance following this transaction
Underlying common stock
10,309 shares
Each DSU represents one share of Kenvue common stock
Conversion price
$0.00
DSUs settle one-for-one into common stock without exercise price
Key Terms
Deferred Share Units, Amended and Restated Deferred Fee Plan for Directors, dividend equivalents
3 terms
Amended and Restated Deferred Fee Plan for Directors financial
"under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in shares"
dividend equivalents financial
"Includes DSUs acquired as dividend equivalents."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
FAQ
What did Kenvue (KVUE) director Richard E. Allison Jr. report on this Form 4?
He reported receiving a grant of 10,309 Deferred Share Units as director compensation. These units are tied to Kenvue stock and will be settled in common shares when his board service ends, rather than being an open-market stock purchase.
What is the total Kenvue equity position reported for the director after this DSU grant?
After the grant, the director reported holding 47,943.229 Deferred Share Units directly. This total includes both the newly granted units and prior DSUs, including those acquired as dividend equivalents, all tied one-for-one to Kenvue common stock.
Is this Kenvue Form 4 a stock purchase or sale in the open market?
No, it reflects a compensation-related grant of Deferred Share Units, not an open-market trade. The director did not buy or sell shares for cash; instead, he received equity-based compensation that will convert into shares at the end of his directorship.