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Kenvue (KVUE) COO exercises 6,178 RSUs and withholds 1,677 shares for taxes

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

Rhea-AI Filing Summary

Kenvue Inc. Chief Operations Officer Meredith Stevens reported equity award activity involving restricted stock units and common stock. On March 5, 2026, she exercised or converted 6,178.21 restricted stock units, which correspond 1-for-1 to Kenvue common stock, into 6,178.21 shares of common stock.

In a related tax-withholding transaction, 1,677 common shares were withheld at $18.25 per share to cover taxes due upon vesting of the restricted stock units. After these transactions, she directly held 90,547.39 common shares and 6,177.23 restricted stock units, with the award scheduled to vest in three equal installments on March 5, 2025, 2026, and 2027, subject to continued service.

Positive

  • None.

Negative

  • None.
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)
03/05/2026
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 03/05/2026 M 6,178.21 A $0 92,224.39 D
Common Stock 03/05/2026 F 1,677(1) D $18.25 90,547.39 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 (2) 03/05/2026 M 6,178.21 (3) (3) Common Stock 6,178.21 $0 6,177.23(4) D
Explanation of Responses:
1. Shares withheld for payment of taxes upon vesting of Restricted Stock Units.
2. These units correspond 1 for 1 with the Company's common stock.
3. 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.
4. Includes shares acquired in dividend reinvestment transactions.
Remarks:
/s/ Alla Berenshteyn, as attorney-in-fact 03/09/2026
** 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.

FAQ

What insider transactions did Kenvue (KVUE) COO Meredith Stevens report?

Meredith Stevens reported exercising 6,178.21 restricted stock units into an equal number of Kenvue common shares. In a related move, 1,677 shares were withheld to cover tax obligations tied to the vesting of those equity awards, all recorded as direct ownership changes.

How many Kenvue (KVUE) restricted stock units did the COO convert?

She converted 6,178.21 restricted stock units, each corresponding 1-for-1 to Kenvue common stock. This derivative exercise or conversion was recorded at a price of $0.00 per unit, reflecting an equity award rather than an open-market purchase transaction in the company’s shares.

Why were 1,677 Kenvue (KVUE) shares disposed of in this Form 4?

The 1,677 Kenvue common shares were withheld at $18.25 per share to satisfy tax liabilities upon vesting of restricted stock units. This tax-withholding disposition uses shares instead of cash to pay taxes and is common with equity compensation programs for senior executives.

What are Meredith Stevens’ Kenvue (KVUE) holdings after these transactions?

After these transactions, Meredith Stevens directly held 90,547.39 Kenvue common shares and 6,177.23 restricted stock units. These positions reflect the net result of the derivative exercise, issuance of common stock, and share withholding for tax obligations associated with her equity awards.

How do the Kenvue (KVUE) restricted stock units vest for the COO?

The award vests in three equal installments on March 5, 2025, March 5, 2026, and March 5, 2027. Vesting is conditioned on the reporting person’s continued service through each date, aligning long-term compensation with ongoing employment at Kenvue over several years.

Do Kenvue (KVUE) restricted stock units equal common stock for the COO?

Yes. The restricted stock units correspond 1-for-1 with Kenvue’s common stock, meaning each unit can convert into one share. The Form 4 expressly notes this correspondence, clarifying how the derivative securities translate into the company’s ordinary equity when they vest or are exercised.
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