Form 4: J&J Director Eugene Woods Acquires Deferred Share Units

Johnson & Johnson Director Eugene A. Woods acquired 154.869 Deferred Share Units as part of his compensation plan.

Summary

• Eugene A. Woods, a Director of Johnson & Johnson (JNJ), acquired 154.869 Deferred Share Units (DSUs).
• The transaction occurred on March 10, 2026.
• These DSUs were acquired as a deferral of cash retainer under the Issuer's Amended and Restated Deferred Fee Plan for Directors.
• Each DSU represents the fair market value of one share of Common Stock on the business day prior to settlement date.
• DSUs are to be settled in cash upon the termination of Mr. Woods' directorship.
• The acquisition price per DSU was $242.14, based on the underlying common stock value.
• Following this transaction, Mr. Woods beneficially owns a total of 5,240.094 Deferred Share Units.
• The total beneficial ownership includes dividend equivalent rights accrued on previously held DSUs.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive event, as it indicates increased alignment between a director's compensation and the company's long-term performance, which is generally favorable for shareholders.

Positives

• The acquisition of Deferred Share Units increases the director's beneficial ownership in Johnson & Johnson, aligning his interests more closely with those of shareholders.
• The compensation structure, involving DSUs, encourages long-term commitment and performance from the director.

Negatives

• The DSUs are settled in cash upon termination of directorship, rather than directly in shares, which means the director does not directly hold common stock from this specific acquisition until settlement.

Industry Context

StockSavvy.ai notes that the acquisition of Deferred Share Units by a director is a common form of executive and director compensation in large public companies. This practice aims to align the interests of company leadership with long-term shareholder value by tying a portion of their compensation to the company's stock performance, albeit with a deferred cash settlement in this specific case.

Related Party Transactions

• The acquisition of Deferred Share Units by Director Eugene A. Woods from Johnson & Johnson constitutes a related party transaction, as it involves compensation provided by the issuer to a member of its board of directors.

Stakeholder Impact

• Shareholders: The increased beneficial ownership by a director, even through deferred units, can be seen as a positive signal of alignment with shareholder interests over the long term.

Key Dates

Keywords

Johnson & Johnson, JNJ, Eugene A. Woods, Deferred Share Units, DSU, Insider Transaction, Director Compensation, SEC Form 4, Beneficial Ownership