Form 4: Kenvue Director Betsy D. Holden Receives Grant of Deferred Share Units

Kenvue Inc. (KVUE) disclosed that Director Betsy D. Holden was granted 7,659 Deferred Share Units (DSUs) as part of her compensation, increasing her total beneficial ownership to 25,311.664 DSUs.

Summary

• On May 22, 2025, Betsy D. Holden, a Director of Kenvue Inc. (KVUE), acquired 7,659 Deferred Share Units (DSUs).
• These DSUs were granted under the Issuer's Amended and Restated Deferred Fee Plan for Directors.
• Each DSU represents the right to receive one share of Kenvue's common stock upon the termination of Ms. Holden's directorship.
• The price of the underlying common stock for the derivative security was $23.5.
• Following this transaction, Ms. Holden beneficially owns a total of 25,311.664 Deferred Share Units, which includes DSUs acquired as dividend equivalents.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine disclosure of director compensation, which is an expected part of corporate governance and does not indicate specific positive or negative operational performance or strategic shifts.

Positives

• The grant of Deferred Share Units aligns the director's interests with long-term shareholder value, as the units are settled in common stock upon termination of directorship.
• This is a standard compensation practice for directors, indicating continuity in corporate governance and compensation structure.

Future Outlook

The document does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction; it solely reports an insider transaction.

Industry Context

This Form 4 filing reports a routine equity compensation grant to a director, which is a common practice across publicly traded companies in various industries, including consumer health, to align director incentives with shareholder interests. It does not provide insights into broader industry trends or competitive dynamics.

Related Party Transactions

• The grant of Deferred Share Units to a director can be considered a related party transaction as it involves compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant of DSUs aligns the director's long-term interests with shareholder value, as the units convert to common stock upon directorship termination.
• Employees: This filing does not directly impact general employees, as it pertains to director compensation.

Key Dates

Keywords

Kenvue Inc., KVUE, Form 4, SEC filing, insider transaction, Deferred Share Units, DSUs, director compensation, beneficial ownership, equity compensation