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Kenvue (NYSE: KVUE) leader exercises RSUs, withholds shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kenvue Inc. Group President LATAM Leonardo Curado Gomes de Lemos reported routine equity compensation activity involving restricted stock units and common stock. He exercised RSUs corresponding to 24,247.71 shares of common stock, with no open-market purchase or sale.

Of the vested shares, 7,141 were withheld to pay taxes, as noted in the footnotes, leaving him with 17,106.71 common shares held directly after the transactions. His derivative holdings now include 48,491.41 restricted stock units, which each correspond 1-for-1 with Kenvue common stock and vest in three equal installments on 05/01/2026, 05/01/2027, and 05/01/2028, subject to continued service.

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Insider Curado Gomes de Lemos Leonardo
Role Group President LATAM
Type Security Shares Price Value
Exercise Restricted Stock Units 24,247.71 $0.00 --
Exercise Common Stock 24,247.71 $0.00 --
Tax Withholding Common Stock 7,141 $17.43 $124K
Holdings After Transaction: Restricted Stock Units — 48,491.41 shares (Direct, null); Common Stock — 24,247.71 shares (Direct, null)
Footnotes (1)
  1. Shares withheld for payment of taxes upon vesting of Restricted Stock Units. Includes shares acquired in dividend reinvestment transactions. These units correspond 1 for 1 with the Company's common stock. This award vests in three equal installments on 05/01/2026, 05/01/2027, and 05/01/2028, subject to the reporting person's continued service through such vesting date.
RSU-linked shares exercised 24,247.71 shares Common stock received upon RSU conversion on 05/01/2026
Shares withheld for taxes 7,141 shares Withheld to pay taxes on RSU vesting at $17.43/share
Common shares after transaction 17,106.71 shares Direct Kenvue common stock holdings following Form 4 transactions
Restricted Stock Units outstanding 48,491.41 units RSUs corresponding 1-for-1 to common stock after exercise
Tax withholding reference price $17.43/share Price used for 7,141 shares withheld for tax obligations
Restricted Stock Units financial
"Shares withheld for payment of taxes upon vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 7,141 common shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion of Restricted Stock Units into common stock."
dividend reinvestment transactions financial
"Includes shares acquired in dividend reinvestment transactions."
Group President LATAM financial
"Reporting person serves as Group President LATAM of Kenvue Inc."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Curado Gomes de Lemos Leonardo
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Group President LATAM
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026M24,247.71A$024,247.71D
Common Stock05/01/2026F7,141(1)D$17.4317,106.71(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)05/01/2026M24,247.71 (4) (4)Common Stock24,247.71$048,491.41D
Explanation of Responses:
1. Shares withheld for payment of taxes upon vesting of Restricted Stock Units.
2. Includes shares acquired in dividend reinvestment transactions.
3. These units correspond 1 for 1 with the Company's common stock.
4. This award vests in three equal installments on 05/01/2026, 05/01/2027, and 05/01/2028, subject to the reporting person's continued service through such vesting date.
Remarks:
/s/ Alla Berenshteyn, as attorney-in-fact05/26/2026
** Signature of Reporting PersonDate
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) executive Leonardo Curado report?

Leonardo Curado reported routine equity compensation activity, exercising restricted stock units into common shares. The filing shows no open-market buying or selling, only vesting-related exercises and share withholding to satisfy tax obligations tied to his compensation grants.

How many Kenvue (KVUE) shares did Leonardo Curado acquire and withhold for taxes?

He exercised restricted stock units corresponding to 24,247.71 Kenvue common shares. Of those newly acquired shares, 7,141 were withheld to cover tax liabilities upon vesting, according to the footnotes, rather than being sold in the open market for investment purposes.

How many Kenvue (KVUE) common shares does Leonardo Curado hold after this Form 4?

Following the reported transactions, Leonardo Curado holds 17,106.71 Kenvue common shares directly. The footnotes add that this figure also reflects shares acquired through dividend reinvestment, providing a consolidated view of his direct common stock ownership position after vesting and tax withholding.

What restricted stock unit (RSU) position does Leonardo Curado retain at Kenvue (KVUE)?

After the RSU exercise, he holds 48,491.41 restricted stock units. Each unit corresponds 1-for-1 with Kenvue common stock, and this award vests in three equal installments in 2026, 2027, and 2028, contingent on his continued service with the company through each vesting date.

Was Leonardo Curado’s Kenvue (KVUE) Form 4 a tax-withholding sale or market sale?

The transaction coded “F” represents 7,141 shares withheld for tax payments on RSU vesting, not an open-market sale. This is an administrative tax-settlement mechanism used by the company, separate from discretionary buying or selling of Kenvue shares in the public market.