Kenvue (KVUE) director Richard Allison granted 1,413 deferred share units as board fees

Rhea-AI Filing Summary

ALLISON RICHARD E JR reported acquisition or exercise transactions in this Form 4 filing.

Kenvue Inc. director Richard E. Allison Jr. received a grant of 1,413 Deferred Share Units as part of director compensation. Each unit represents the right to receive one share of Kenvue common stock and reflects deferral of cash fees into equity.

After this award, Allison holds 49,797.671 Deferred Share Units, which will be settled in Kenvue common stock following his separation from board service. The total includes units credited as dividend equivalents, so the position can grow as dividends are paid.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ALLISON RICHARD E JR

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	1,413	$0.00	--

Holdings After Transaction: Deferred Share Units — 49,797.671 shares (Direct, null)

Footnotes (1)

1. Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock. The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors and will be settled in shares of common stock following the reporting person's separation from service. Includes DSUs acquired as dividend equivalents.

Key Figures

Deferred Share Units granted: 1,413 units DSU holdings after transaction: 49,797.671 units DSU-to-share ratio: 1 DSU : 1 share +2 more

5 metrics

Deferred Share Units granted 1,413 units Award on 2026-06-29

DSU holdings after transaction 49,797.671 units Total Deferred Share Units following grant

DSU-to-share ratio 1 DSU : 1 share Each DSU represents one Kenvue common share

Transaction price per unit $0.0000 Compensation grant, no cash price paid

Underlying common stock per grant 1,413 shares Common shares underlying the DSU award

Key Terms

Deferred Share Units, dividend equivalents, Deferred Fee Plan for Directors

3 terms

Deferred Share Units financial

"Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock."

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.

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.

Deferred Fee Plan for Directors financial

"The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:15 PM Accepted by SEC EDGAR 07/01/2026 - 04:14 PM 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)
06/29/2026

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)	(2)	06/29/2026		A		1,413		(2)	(2)	Common Stock	1,413	(1)	49,797.671(3)	D

Explanation of Responses:

1. Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock.

2. The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors and will be settled in shares of common stock following the reporting person's separation from service.

3. Includes DSUs acquired as dividend equivalents.

Remarks:

	/s/ Pinto Adhola, as attorney in fact	07/01/2026
	** 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)

FAQ

What did Kenvue (KVUE) director Richard Allison report in this Form 4?

Richard E. Allison Jr. reported receiving 1,413 Deferred Share Units of Kenvue. These units are a form of deferred director compensation that convert into common stock after he leaves the board, aligning his interests with long-term shareholder value.

How many Kenvue Deferred Share Units does Richard Allison hold after this transaction?

After the grant, Richard E. Allison Jr. holds 49,797.671 Deferred Share Units. This figure includes units acquired through prior deferrals and additional units credited as dividend equivalents, which are added when Kenvue pays dividends on its common stock.

What is a Deferred Share Unit (DSU) in the context of Kenvue (KVUE)?

A Deferred Share Unit at Kenvue represents the right to receive one share of common stock. Directors can defer cash fees into DSUs, which accumulate and are ultimately settled in stock after the director separates from board service, encouraging long-term ownership.

When will Richard Allison’s Kenvue DSUs be settled into common stock?

Kenvue states Richard E. Allison Jr.’s Deferred Share Units will be settled in common stock after his separation from service as a director. Until then, the DSUs remain bookkeeping entries that mirror the value and dividends of Kenvue’s common shares.

Does this Kenvue Form 4 show an open-market buy or sell of KVUE shares?

No, the transaction is a grant of 1,413 Deferred Share Units, not an open-market trade. It reflects compensation deferred into equity, with no purchase price paid and no public-market sale of existing Kenvue common shares reported in this filing.