Kenvue (KVUE) Chief People Officer reports RSU vesting, 731 shares withheld at $17.22

Rhea-AI Filing Summary

Kenvue Inc. reported an insider equity transaction by its Chief People Officer. On 12/01/2025, the officer exercised 2,020.78 restricted stock units that convert 1-for-1 into common stock at an exercise price of $0, increasing directly held common shares to 33,380.14 before related tax withholding.

On the same date, 731 shares of common stock were withheld at a price of $17.22 to cover taxes due upon vesting of these restricted stock units, leaving 32,649.14 common shares held directly. After these transactions, the officer also held 2,222.28 restricted stock units, including units acquired through dividend reinvestment, which may vest in future installments 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)
12/01/2025

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	12/01/2025		M		2,020.78	A	$0(1)	33,380.14	D
Common Stock	12/01/2025		F		731(2)	D	$17.22	32,649.14	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	(1)	12/01/2025		M			2,020.78	(3)	(3)	Common Stock	2,020.78	$0	2,222.28(4)	D

Explanation of Responses:

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

2. Shares withheld for payment of taxes upon vesting of Restricted Share Units (RSUs).

3. This award vests in three equal installments on 12/01/2024, 12/01/2025, and 12/01/2026, subject to the reporting person's continued service through the vesting date.

4. Includes RSUs acquired in dividend reinvestment transactions.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	12/03/2025
	** 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).
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FAQ

What insider transaction did Kenvue (KVUE) disclose in this Form 4?

Kenvue disclosed that its Chief People Officer exercised 2,020.78 restricted stock units into common stock on 12/01/2025, with related tax withholding in shares.

How many Kenvue (KVUE) shares were withheld for taxes in this transaction?

The filing shows that 731 common shares were withheld at $17.22 per share to cover taxes due upon vesting of restricted stock units.

How many Kenvue (KVUE) shares does the reporting person own after the transaction?

After the reported transactions, the officer directly owned 32,649.14 shares of Kenvue common stock.

What is the remaining restricted stock unit (RSU) balance for the Kenvue (KVUE) officer?

Following the transaction, the officer held 2,222.28 restricted stock units, which include RSUs acquired through dividend reinvestment.

How do the Kenvue (KVUE) restricted stock units convert into common stock?

The filing states that these units correspond 1 for 1 with Kenvue common stock, meaning each unit converts into one share when it vests or is exercised.

What is the vesting schedule mentioned for the Kenvue (KVUE) RSU award?

One RSU award vests in three equal installments on 12/01/2024, 12/01/2025, and 12/01/2026, subject to the officer’s continued service through each vesting date.