Form 4: Kenvue CPO Alvarado's RSU Vesting, Tax Withholding

Kenvue's Chief People Officer, Luani Alvarado, reported the vesting of restricted stock units and subsequent shares withheld for tax obligations.

Summary

• Luani Alvarado, Kenvue Inc.'s Chief People Officer, reported transactions on December 1, 2025.
• 2,020.78 Restricted Stock Units (RSUs) vested, converting into common stock.
• 731 shares of common stock were disposed of at $17.22 per share to cover tax obligations related to the RSU vesting.
• Following these transactions, Alvarado's direct beneficial ownership of common stock decreased from 33,380.14 to 32,649.14 shares.
• The remaining beneficial ownership of derivative securities (RSUs) is 2,222.28 units, which includes RSUs acquired through dividend reinvestment.
• The RSU award vests in three equal installments on December 1, 2024, December 1, 2025, and December 1, 2026, contingent on continued service.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the vesting of restricted stock units and subsequent tax withholding, which is a standard part of executive compensation and does not indicate a significant positive or negative shift in company fundamentals.

Positives

• The vesting of 2,020.78 Restricted Stock Units (RSUs) represents a component of executive compensation, indicating continued service and alignment with company performance.

Negatives

• 731 shares of common stock were disposed of to cover tax obligations, resulting in a reduction of direct beneficial ownership by 731 shares.

Future Outlook

The RSU award is scheduled to vest in future installments on December 1, 2024, December 1, 2025, and December 1, 2026, subject to the reporting person's continued service.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction related to executive compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A minor, routine reduction in direct insider ownership due to tax-related share disposal, which is a common occurrence with equity compensation.

Next Steps

• Future RSU vesting installments are scheduled for December 1, 2024, and December 1, 2026, contingent on continued service.

Key Dates

Recommendation

This Form 4 reports a routine vesting of restricted stock units and subsequent tax withholding for a company officer. Such transactions are standard compensation events and do not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation.

Keywords

Kenvue, KVUE, Luani Alvarado, Chief People Officer, CPO, Form 4, Insider Transaction, RSU, Restricted Stock Units, Stock Vesting, Tax Withholding