Form 4: Kenvue Director Betsy Holden Acquires Deferred Share Units

Kenvue Inc. Director Betsy D. Holden was granted 10,309 Deferred Share Units (DSUs) on May 21, 2026, valued at approximately $17.46 per unit.

Summary

• Director Betsy D. Holden acquired 10,309 Deferred Share Units (DSUs) on May 21, 2026.
• These DSUs are part of the Issuer's Amended and Restated Deferred Fee Plan for Directors.
• Each DSU represents the right to receive one share of Kenvue Inc. common stock upon termination of the director's service.
• The acquisition includes DSUs acquired as dividend equivalents.
• The total value of the granted DSUs is approximately $179,000 (10,309 units * $17.46/unit).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine grant of deferred compensation to a director, which is standard practice and does not indicate significant new information about the company's performance or strategy.

Positives

• Director acquisition of equity-based compensation signals confidence in the company's future.
• The grant of DSUs aligns director compensation with long-term shareholder value.
• The value of the DSUs is based on a per-unit price of $17.46.

Risks

• The value of the DSUs is subject to fluctuations in Kenvue Inc.'s common stock price.
• The settlement of DSUs is contingent upon the reporting person's termination of directorship.

Future Outlook

Deferred Share Units are to be settled in shares of Kenvue Inc. common stock upon termination of the Reporting Person's directorship.

Industry Context

StockSavvy.ai notes that the grant of Deferred Share Units to directors is a common practice in the pharmaceutical and consumer health sectors, aligning executive and director incentives with long-term shareholder value creation. This type of award is typical for companies like Kenvue as they mature post-IPO.

Stakeholder Impact

• Shareholders: The grant of DSUs reinforces alignment between director compensation and shareholder interests, potentially leading to better long-term company performance.
• Directors: Betsy D. Holden's compensation is enhanced through the acquisition of DSUs, with future value tied to company stock performance.

Next Steps

• Settlement of DSUs in Kenvue Inc. common stock upon termination of Director Betsy D. Holden's directorship.

Key Dates

Keywords

Kenvue Inc., KVUE, Form 4, Director Compensation, Deferred Share Units, Equity Award, SEC Filing, Insider Transaction