Form 4: Kenvue Inc. Executive Luani Alvarado Reports Stock Transactions
SEC Form 4 Filing
Luani Alvarado, Chief People Officer of Kenvue Inc., reports the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- Luani Alvarado, Chief People Officer of Kenvue Inc., filed a Form 4 detailing changes in beneficial ownership of Kenvue Inc. stock.
- On February 13, 2025, 1,830 Restricted Stock Units (RSUs) vested and were converted into common stock, with 574 shares withheld for tax payments at a price of $21.23.
- On February 14, 2025, an additional 4,860 RSUs vested and were converted into common stock, with 1,524 shares withheld for tax payments at a price of $21.75.
- Also on February 14, 2025, 12,149 RSUs vested and were converted into common stock, with 4,005 shares withheld for tax payments at a price of $21.75.
- Following these transactions, Alvarado directly owns 28,581.21 shares of Kenvue Inc. common stock and 1,822 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon RSU vesting.
- The sale of shares to cover tax obligations may exert slight downward pressure on the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | First vesting date of an RSU award in three equal installments. |
| 08/23/2023 | Issuer's separation from Johnson & Johnson. |
| 02/13/2025 | Vesting of 1,830 Restricted Stock Units and withholding of 574 shares for taxes. |
| 02/14/2025 | Vesting of 4,860 and 12,149 Restricted Stock Units and withholding of 1,524 and 4,005 shares for taxes respectively. |
| 02/13/2026 | Final vesting date of an RSU award in three equal installments. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
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