[Form 4] Kenvue Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kenvue Inc. (KVUE) Chief Operations Officer reported routine equity compensation activity. On 11/18/2025, restricted stock units converted into 494 shares of common stock and a separate award converted into 166 shares, both on a one-for-one basis upon vesting. To cover FICA taxes related to retirement eligibility, 494 and 166 shares were withheld at a price of $14.37 per share.

After these transactions, the officer beneficially owned 64,441.23 shares of Kenvue common stock directly, along with 12,074.85 restricted stock units from one award and 15,485.69 restricted stock units from another. These RSU awards are scheduled to vest in three equal annual installments on specific dates in 2025, 2026, 2027, and 2028, 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

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^*

Stevens Meredith

(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 Operations 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		494	A	(1)	64,935.23	D
Common Stock	11/18/2025		F		494(2)	D	$14.37	64,441.23	D
Common Stock	11/18/2025		M		166	A	(1)	64,607.23	D
Common Stock	11/18/2025		F		166(2)	D	$14.37	64,441.23	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			494	(4)	(4)	Common Stock	494	(1)	12,074.85	D
Restricted Stock Units	(3)	11/18/2025		M			166	(5)	(5)	Common Stock	166	(1)	15,485.69	D

Explanation of Responses:

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

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 Operations Officer of Kenvue Inc. (KVUE) reported the vesting and conversion of restricted stock units into common stock on 11/18/2025, with shares withheld to cover FICA taxes.

How many Kenvue shares were issued from RSU vesting on 11/18/2025?

Restricted stock units converted into 494 shares of Kenvue common stock from one award and 166 shares from another, each on a one-for-one basis upon vesting.

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

A total of 494 and 166 Kenvue shares were withheld to satisfy FICA taxes arising from the reporting person being retirement eligible, at a price of $14.37 per share.

How many Kenvue shares does the reporting person own after these transactions?

Following the reported transactions, the officer directly beneficially owned 64,441.23 shares of Kenvue common stock.

What Kenvue restricted stock unit balances remain after this Form 4?

After the transactions, the officer held 12,074.85 restricted stock units from one award and 15,485.69 restricted stock units from another.

When do the remaining Kenvue RSU awards vest?

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