Form 4: Kenvue Inc. Director Betsy D. Holden Acquires Deferred Share Units

Director Betsy D. Holden acquired 9,259 Deferred Share Units (DSUs) of Kenvue Inc. on May 23, 2024, under the company's Amended and Restated Deferred Fee Plan for Directors.

Summary

• On May 23, 2024, Betsy D. Holden, a director of Kenvue Inc., acquired 9,259 Deferred Share Units (DSUs) under the Issuer's Amended and Restated Deferred Fee Plan for Directors.
• These DSUs will be settled in shares of Kenvue's common stock upon the termination of Holden's directorship, with each DSU representing the right to receive one share of Common Stock on the settlement date.
• The price of the DSUs is $19.44.
• Following the reported transaction, Holden beneficially owns 17,188.543 DSUs, which includes DSUs acquired as dividend equivalents.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of DSUs by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of DSUs by a director signals confidence in the company's future performance.

Future Outlook

The DSUs will be settled in shares of Kenvue's common stock upon the termination of Holden's directorship.

Industry Context

Directors often receive stock-based compensation to align their interests with those of shareholders. This Form 4 filing reflects such compensation for a Kenvue Inc. director.

Stakeholder Impact

• The acquisition of DSUs by a director aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates