Form 4: Johnson & Johnson Executive James D. Swanson Reports Stock Transactions
SEC Form 4
EVP and CIO of Johnson & Johnson, James D. Swanson, reports multiple transactions involving common stock and restricted/performance share units.
Summary
- James D. Swanson, EVP and CIO of Johnson & Johnson, filed a Form 4 detailing changes in beneficial ownership of company stock.
- The transactions include the vesting of Restricted Share Units (RSUs) and Performance Share Units (PSUs) awarded under Johnson & Johnson's Long-Term Incentive Plan.
- These units convert into shares of common stock upon vesting.
- Shares were also withheld for payment of taxes upon the vesting of RSUs and PSUs.
- The reported transactions occurred between February 13, 2025, and February 18, 2025.
- Following these transactions, Swanson directly owns 18,849.59 shares of Johnson & Johnson common stock and 983 Restricted Share Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
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 granted equity compensation to a company executive.
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 date of grant. |
| 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. |
| 02/14/2025 | Transaction date for RSU and PSU vesting, and shares withheld for taxes. |
| 02/15/2025 | Transaction date for RSU vesting. |
| 02/18/2025 | Transaction date for shares withheld for taxes. |
Keywords
Form 4, Beneficial Ownership, James D. Swanson, Johnson & Johnson, JNJ, Restricted Share Units, Performance Share Units, Long-Term Incentive Plan, Stock Transactions, Vesting
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.