Form 4: Kenvue Director Erica Mann Acquires Deferred Share Units

Kenvue Inc. Director Erica L. Mann was granted 10,309 Deferred Share Units, valued at approximately $17.46 per unit, under the company's director compensation plan.

Summary

• Erica L. Mann, a Director at Kenvue Inc., 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's common stock upon the termination of Mann's directorship.
• The acquisition price per unit is effectively $17.46, totaling an approximate value of $19,986.12 for the grant.
• The reported securities are held directly by the reporting person.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard director compensation transaction rather than a significant financial event or strategic shift.

Positives

• Director compensation aligns with long-term commitment to the company through deferred share units.
• The grant of DSUs indicates continued confidence in the company's future prospects by a board member.

Risks

• The value of the DSUs is subject to fluctuations in Kenvue's common stock price.
• There is a risk that the reporting person's directorship may terminate before the settlement of the DSUs, impacting the timing of share receipt.

Future Outlook

The Deferred Share Units will be settled in shares of Kenvue's common stock upon the termination of the Reporting Person's directorship, indicating a future transfer of equity.

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 interests with shareholder value over the long term.

Stakeholder Impact

• Shareholders: The transaction represents a standard compensation practice and does not immediately impact share count or dilution, but the future issuance of shares upon settlement will increase the total number of outstanding shares.

Next Steps

• Settlement of Deferred Share Units in Kenvue common stock upon termination of Erica L. Mann's directorship.

Key Dates

Keywords

Kenvue Inc., KVUE, Form 4, Insider Trading, Deferred Share Units, Director Compensation, Erica L. Mann, Securities Exchange Act