Form 4: Kenvue Inc. Executive Meredith Stevens Reports Stock Transactions
SEC Form 4
Chief Operations Officer Meredith Stevens reports the vesting and subsequent sale of Kenvue Inc. stock to cover tax obligations.
Summary
- Meredith Stevens, Chief Operations Officer of Kenvue Inc., reported transactions involving Kenvue Inc. common stock.
- On February 13, 2025, 3,215 Restricted Stock Units (RSUs) vested and were converted into common stock, followed by the withholding of 884 shares for tax payments at a price of $21.23.
- On February 14, 2025, an additional 9,794 RSUs vested and were converted into common stock, with 2,693 shares withheld for taxes at a price of $21.75.
- Also on February 14, 2025, 24,484 RSUs vested and were converted into common stock, with 6,877 shares withheld for taxes at a price of $21.75.
- Following these transactions, Stevens directly owns 60,893.96 shares of Kenvue Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, typical for executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding insider transactions to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
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 3,215 Restricted Stock Units and withholding of 884 shares for taxes. |
| 02/14/2025 | Vesting of 9,794 and 24,484 Restricted Stock Units and withholding of 2,693 and 6,877 shares for taxes. |
| 02/13/2026 | Final vesting date of an RSU award in three equal installments. |
| 02/18/2025 | Date of the report filing. |
Keywords
Kenvue, Meredith Stevens, Form 4, stock, RSU, vesting, COO, KVUE
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