Form 4: Kenvue Inc. Executive Luani Alvarado Reports Acquisition of Stock Options and Restricted Stock Units

Luani Alvarado, Chief People Officer of Kenvue Inc., reports the acquisition of stock options and restricted stock units.

Summary

• On March 5, 2024, Luani Alvarado, Chief People Officer of Kenvue Inc., acquired 111,009 stock options at an exercise price of $19.01, expiring on March 5, 2034.
• Alvarado also acquired 12,340 restricted stock units (RSUs) which correspond 1 for 1 with Kenvue's common stock.
• These RSUs vest in three equal installments on March 5, 2025, March 5, 2026, and March 5, 2027, contingent upon continued service.
• Following these transactions, Alvarado directly owns 111,009 stock options and 12,340 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of executive compensation. The acquisition of stock options and RSUs can be seen as a positive sign of executive confidence, but it's a standard practice.

Positives

• The acquisition of stock options and restricted stock units by a key executive signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment of interests.

Stakeholder Impact

• The acquisition of stock options and restricted stock units by a key executive could positively influence shareholder sentiment.

Key Dates