Form 4: D. Scott Davis Acquires Deferred Share Units in Johnson & Johnson

Director D. Scott Davis acquired 1,385.697 Deferred Share Units (DSUs) in Johnson & Johnson on April 25, 2024, under the company's Amended and Restated Deferred Fee Plan for Directors.

Summary

• On April 25, 2024, D. Scott Davis, a director of Johnson & Johnson, acquired 1,385.697 Deferred Share Units (DSUs) under the Issuer's Amended and Restated Deferred Fee Plan for Directors.
• These DSUs will be settled in cash upon the termination of Davis's directorship, with each DSU representing the fair market value of one share of Johnson & Johnson common stock on the settlement date.
• Following the transaction, Davis beneficially owns 15,603.677 DSUs, which includes dividend equivalent rights accrued on previously held DSUs.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The DSUs will be settled in cash upon the termination of the Reporting Person's directorship.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a form of director compensation that does not immediately affect the company's financials or operations.

Key Dates