Form 4: Kenvue Inc. Executive Matthew Orlando Reports Stock Transactions

Matthew Orlando, General Counsel of Kenvue Inc., reports the vesting and subsequent sale of restricted stock units (RSUs) to cover tax obligations.

Summary

• On February 13 and 14, 2025, Matthew Orlando, General Counsel of Kenvue Inc., reported transactions involving restricted stock units (RSUs) converting into common stock.
• A total of 1,371 RSUs vested on February 13, 2025, and were converted to common stock, with 571 shares withheld for tax payments at a price of $21.23.
• On February 14, 2025, 3,282 RSUs vested and converted, with 1,365 shares withheld for taxes at $21.75 per share.
• Additionally, 8,208 RSUs vested on February 14, 2025, with 3,623 shares withheld for taxes at $21.75 per share.
• Following these transactions, Orlando directly owns 22,139.807 shares of Kenvue Inc. common stock.
• The RSUs were originally granted by Johnson & Johnson as performance share units and converted to time-based RSUs upon Kenvue's separation from Johnson & Johnson on August 23, 2023.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.

Key Dates

Keywords

Kenvue, Matthew Orlando, RSUs, Restricted Stock Units, Vesting, Common Stock, Form 4, Insider Trading, SEC, General Counsel