Form 4: Johnson & Johnson CEO Joaquin Duato Gifts Shares to Spouse

Sentiment:

SEC Form 4 Filing


CEO Joaquin Duato reports gifting 130,852 shares of Johnson & Johnson common stock to his spouse on March 18, 2025.

Summary

  • Joaquin Duato, CEO and Chairman of the Board of Johnson & Johnson, filed a Form 4 on March 19, 2025.
  • The form reports a gift of 130,852 shares of JNJ common stock to his spouse on March 18, 2025.
  • The transaction did not involve a sale, and the price is listed as $0.
  • Following the transaction, Duato directly owns 275,967 shares of JNJ.
  • Duato also indirectly owns 130,852 shares through his spouse and 963 shares through a 401k plan.
  • The shares in the 401k include shares accrued due to dividend reinvestment as of February 28, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a personal transaction (gift of shares). It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This particular filing indicates a gift of shares, which is a personal transaction and doesn't necessarily reflect a change in the executive's confidence in the company.

Related Party Transactions

  • The gift of shares to Joaquin Duato's spouse is a related party transaction.

Stakeholder Impact

  • The transaction has minimal direct impact on stakeholders as it is a personal transaction of the CEO.

Key Dates

DateDescription
2/28/2025Date of the Plan's most recent reporting date for dividend reinvestment in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan.
03/18/2025Date of the gift transaction of common stock.
03/19/2025Date of Form 4 filing.

Keywords

Form 4, Johnson & Johnson, JNJ, Joaquin Duato, Beneficial Ownership, Insider Trading, Stock Gift

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