Form 4: Kenvue Director Kathleen M. Pawlus Receives Deferred Share Unit Grant

Kenvue Inc. Director Kathleen M. Pawlus was granted 7,659 Deferred Share Units (DSUs) on May 22, 2025, as part of the company's director compensation plan.

Summary

• Kenvue Inc. Director Kathleen M. Pawlus was granted 7,659 Deferred Share Units (DSUs) on May 22, 2025.
• These DSUs were acquired 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. Pawlus's directorship.
• Following this transaction, Ms. Pawlus beneficially owns a total of 14,194.773 DSUs, which includes DSUs acquired as dividend equivalents.
• The underlying common stock value at the time of grant was $23.5 per share.

Sentiment

Score: 6

Explanation: The filing reports a routine compensation event (DSU grant) to a director, which is a neutral to slightly positive signal as it aligns director interests with shareholders. There are no negative implications or significant new information that would drastically alter sentiment.

Positives

• The grant of Deferred Share Units aligns the interests of Director Kathleen M. Pawlus with those of shareholders, as the value of the DSUs is tied to the company's common stock performance.
• This transaction is part of a standard compensation plan, indicating stable corporate governance practices regarding director remuneration.

Future Outlook

The document does not provide specific forward-looking statements or guidance beyond the nature of the Deferred Share Units settling upon termination of directorship.

Industry Context

This Form 4 filing details a routine equity grant to a director, which is a common practice across publicly traded companies to compensate board members and align their interests with shareholders. It does not provide broader industry context or trends.

Corporate Governance

Related Party Transactions

• Grant of 7,659 Deferred Share Units to Kathleen M. Pawlus, a director of Kenvue Inc., as part of her compensation.

Stakeholder Impact

• **Shareholders**: The grant of DSUs to a director aligns their interests with shareholders, as the value of the compensation is tied to the company's stock performance.
• **Employees**: No direct impact on employees mentioned.

Key Dates

Keywords

Kenvue Inc., KVUE, SEC Form 4, Deferred Share Units, DSU, Director Compensation, Kathleen M. Pawlus, Insider Transaction, Equity Grant