Form 4: Kenvue Director Granted Deferred Share Units

Kenvue Inc. director Richard E. Allison Jr. was granted 10,309 Deferred Share Units on May 21, 2026, under the company's director compensation plan.

Summary

• Richard E. Allison Jr., a Director at Kenvue Inc., was granted 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.
• Settlement of these DSUs will occur upon the termination of Mr. Allison's directorship.
• The filing also notes that the total number of DSUs beneficially owned by Mr. Allison following this transaction is 47,943.229.
• This figure includes DSUs acquired as dividend equivalents.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation event for a director and does not inherently signal positive or negative performance for the company.

Positives

• Director compensation plan is active and being utilized.
• Grant of deferred share units indicates a commitment to long-term director engagement.
• The number of DSUs held by the director has increased, reflecting continued participation in the plan.

Risks

• Potential for future dilution if a large number of DSUs are exercised simultaneously.
• The value of the deferred shares is subject to market fluctuations until settlement.

Future Outlook

The future outlook for the DSUs is tied to the director's tenure and the future performance of Kenvue Inc.'s common stock, as settlement occurs upon termination of directorship.

Industry Context

StockSavvy.ai notes that the issuance of Deferred Share Units (DSUs) to directors is a common practice in the pharmaceutical and consumer health sectors, aligning director incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant of DSUs is a standard compensation practice and does not immediately impact share count or value, but represents a future potential issuance of shares.
• Directors: This filing confirms the ongoing implementation of the director compensation plan, providing incentives for continued service.

Next Steps

• Settlement of Deferred Share Units upon termination of Richard E. Allison Jr.'s directorship.

Key Dates

Keywords

Kenvue Inc., KVUE, Form 4, Deferred Share Units, Director Compensation, Securities Ownership, Insider Trading, SEC Filing