Form 4: Johnson & Johnson Executive Jennifer Taubert Reports Stock Transactions
SEC Form 4 Filing
Jennifer Taubert, EVP at Johnson & Johnson, reports the vesting and disposal of restricted share units and performance share units, along with associated tax withholdings.
Summary
- Jennifer Taubert, an Executive Vice President at Johnson & Johnson, filed a Form 4 detailing changes in her beneficial ownership of JNJ stock.
- The report covers transactions occurring between February 13, 2025, and February 18, 2025.
- These transactions primarily involve the vesting of Restricted Share Units (RSUs) and Performance Share Units (PSUs) awarded under Johnson & Johnson's Long-Term Incentive Plan.
- Upon vesting, shares were converted from these units into common stock.
- A portion of the shares were then withheld to cover tax obligations related to the vesting events.
- Taubert's directly owned shares increased due to vesting, but decreased due to tax witholdings.
- The final amount of directly owned shares after all transactions was 170,459.001.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
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. |
| 02/13/2025 | Transaction date for vesting of 1,302 Restricted Share Units. |
| 02/14/2025 | Transaction date for vesting of 4,053 Restricted Share Units and 15,465 Performance Share Units. |
| 02/15/2024 | Date of RSU award that vests in three annual equal installments beginning on the first anniversary of the grant date. |
| 02/15/2025 | Transaction date for vesting of 1,594 Restricted Share Units. |
| 02/18/2025 | Date of report filing. |
Keywords
Form 4, Beneficial Ownership, Jennifer Taubert, Johnson & Johnson, JNJ, Restricted Share Units, Performance Share Units, Vesting, Tax Withholding, Long-Term Incentive Plan
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