Form 4: Johnson & Johnson Executive Broadhurst Reports Stock Transactions
SEC Form 4 Filing
Vanessa Broadhurst, EVP of Global Corporate Affairs at Johnson & Johnson, reports multiple transactions involving common stock and restricted/performance share units.
Summary
- Vanessa Broadhurst, an Executive Vice President at Johnson & Johnson, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- The reported transactions include the vesting of restricted share units (RSUs) and performance share units (PSUs) awarded under Johnson & Johnson's Long-Term Incentive Plan.
- These vested units converted into shares of common stock.
- Broadhurst also had shares withheld for payment of taxes upon the vesting of RSUs and PSUs.
- The transactions occurred between February 13, 2025, and February 18, 2025.
- Following these transactions, Broadhurst directly owns 23,594 shares of Johnson & Johnson common stock and 983 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral document detailing routine stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
There is no specific future outlook provided in this document, as it is a report of past transactions.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This filing indicates the vesting of previously awarded equity compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders, as they reflect the vesting of previously awarded equity compensation to a company executive.
- The transactions have no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/13/2023 | Date of RSU award that vests in three annual equal installments beginning on the first anniversary of the grant date. |
| 02/14/2022 | Date of RSU and PSU awards that vest three years after the grant date. |
| 02/15/2024 | Date of RSU award that vests in three annual equal installments beginning on the first anniversary of the grant date. |
| 02/13/2025 | Transaction date for RSU vesting and conversion to common stock (408 shares). |
| 02/14/2025 | Transaction date for RSU and PSU vesting and conversion to common stock (1,830 and 2,910 shares respectively), and shares withheld for taxes. |
| 02/15/2025 | Transaction date for RSU vesting and conversion to common stock (492 shares). |
| 02/18/2025 | Date of Form 4 signature. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Share Units, Performance Share Units, Long-Term Incentive Plan, Johnson & Johnson, JNJ, Broadhurst, Executive Compensation
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