Form 4: Kenvue Inc. Executive Bernardo Tavares Reports Stock Transactions

Bernardo Tavares, Chief Tech & Data Officer of Kenvue Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 5, 2025, Bernardo Tavares, Chief Tech & Data Officer of Kenvue Inc., had 1,502.65 restricted stock units (RSUs) vest.
• These RSUs convert to common stock on a 1-for-1 basis.
• 580 shares were withheld for payment of taxes at a price of $23.04 per share.
• Following these transactions, Tavares directly owns 14,001.65 shares of Kenvue Inc. common stock and 3,119.27 restricted stock units.
• The RSUs vest in three equal installments on March 5, 2025, March 5, 2026, and March 5, 2027, contingent upon continued service.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which is common for publicly traded companies like Kenvue Inc. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The vesting schedule of the RSUs (three equal installments over three years) is a common vesting structure.
• Tax withholding upon vesting of RSUs is also a standard practice.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates