Form 4: Kenvue CEO Thibaut Mongon Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
CEO Thibaut Mongon reports acquisition and disposal of Kenvue Inc. shares related to the vesting of Restricted Stock Units (RSUs).
Summary
- Thibaut Mongon, CEO of Kenvue Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- The transactions involve the vesting of Restricted Stock Units (RSUs) and the subsequent acquisition of common stock.
- Mongon acquired 8,438 shares on February 13, 2025, and 23,195 and 139,170 shares on February 14, 2025, through RSU conversions.
- Simultaneously, shares were withheld for tax payments upon the vesting of these RSUs, resulting in the disposal of 4,317 shares at $21.23 on February 13, 2025, and 11,865 and 70,038 shares at $21.75 on February 14, 2025.
- Following these transactions, Mongon directly owns 200,364.84 shares of Kenvue Inc. common stock and 8,438 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the planned vesting of executive compensation.
- Employees holding RSUs may be impacted by similar vesting schedules and tax implications.
Key Dates
| Date | Description |
|---|---|
| 08/23/2023 | Issuer's separation from Johnson & Johnson |
| 02/13/2024 | First vesting date of some RSUs |
| 02/13/2025 | RSU conversion and tax withholding; second vesting date of some RSUs |
| 02/14/2025 | RSU conversion and tax withholding; full vesting of some RSUs |
| 02/13/2026 | Final vesting date of some RSUs |
| 02/18/2025 | Date of Form 4 signature |
Keywords
Form 4, Kenvue, Thibaut Mongon, RSU, Restricted Stock Units, Beneficial Ownership, Insider Trading
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