Kenvue director granted 10,309 deferred share units

Kenvue Inc. director Richard E. Allison Jr. received a grant of 10,309 Deferred Share Units (DSUs) valued at $17.46 per unit.

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.

Insider Trade Summary

Grant/Award: 10,309 shares

Grant/Award 1 txn

Insider ALLISON RICHARD E JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	10,309	$17.46	$180K

Holdings After Transaction: Deferred Share Units — 47,943.229 contracts (Direct)

Footnotes (2)

1. F1. 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).
2. F2. 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

Deferred Share Units financial

"Grant of Deferred Share Units ("DSUs") under the Issuer's Amended and Restated Deferred Fee Plan for Directors"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Kenvue Deferred Share Units were granted to the director and at what value?

The director was granted 10,309 Deferred Share Units at a reference value of $17.46 per unit. Each unit represents the right to receive one Kenvue common share upon settlement under the company’s deferred fee plan for directors.

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.

How and when are Kenvue Deferred Share Units for directors settled?

Deferred Share Units are settled in Kenvue common stock when the director’s board service ends. Each DSU converts into one share of common stock on the settlement date, aligning director compensation with long-term shareholder outcomes rather than immediate cash payments.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 05:10 PM EDT Learn about SEC filing dates

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^*

ALLISON RICHARD E JR

(Last) (First) (Middle)

C/O 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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)
			Code	V	Amount	(A) or (D)	Price

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
Deferred Share Units	(1)	05/21/2026		A		10,309		(1)	(1)	Common Stock	10,309	$17.46	47,943.229(2)	D

Explanation of Responses:

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).

2. Includes DSUs acquired as dividend equivalents.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	05/26/2026
	** 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)