Form 4: Kenvue Inc. Executive Charmaine England Reports Stock Transactions
SEC Form 4 Filing
Chief Growth Officer Charmaine England reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of Kenvue Inc. stock.
Summary
- On March 5, 2025, Charmaine England, Chief Growth Officer of Kenvue Inc., had 2,910.73 restricted stock units (RSUs) vest.
- These units were converted into common stock.
- 1,348 shares were withheld for payment of taxes at a price of $23.04 per share.
- Following these transactions, England directly owns 29,058.73 shares of Kenvue Inc. common stock and 5,819.46 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 routine disclosure of insider transactions and has a neutral sentiment. It reflects standard compensation practices and does not indicate any significant positive or negative developments for the company.
Future Outlook
The remaining RSUs will vest in two equal installments on March 5, 2026, and March 5, 2027, subject to continued service.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is common for executives to receive stock-based compensation, and the vesting and subsequent tax withholding are typical events.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
- The vesting schedule of the RSUs (three equal installments over three years) is a fairly standard vesting arrangement.
- Tax withholding upon vesting of RSUs is a standard procedure.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
- The disclosure provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Vesting of restricted stock units and tax withholding. |
| 03/05/2025 | First vesting date of RSUs. |
| 03/05/2026 | Second vesting date of RSUs. |
| 03/05/2027 | Third vesting date of RSUs. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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