Matthew Orlando - 15 Dec 2025 Form 4 Insider Report for Kenvue Inc. (KVUE)

Signature
/s/ Alla Berenshteyn, as attorney-in-fact
Issuer symbol
KVUE
Transactions as of
15 Dec 2025
Net transactions value
-$253,242
Form type
4
Filing time
17 Dec 2025, 17:48:17 UTC
Previous filing
03 Dec 2025
Next filing
04 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Orlando Matthew General Counsel 1 KENVUE WAY, SUMMIT /s/ Alla Berenshteyn, as attorney-in-fact 17 Dec 2025 0001967444

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVUE Common Stock Options Exercise $0 +10,579 +37% $0.000000 39,418 15 Dec 2025 Direct
transaction KVUE Common Stock Tax liability $112,216 -6,494 -16% $17.28 32,924 15 Dec 2025 Direct F1
transaction KVUE Common Stock Options Exercise $0 +1,370 +4.2% $0.000000 34,294 15 Dec 2025 Direct
transaction KVUE Common Stock Tax liability $14,532 -841 -2.5% $17.28 33,453 15 Dec 2025 Direct F1
transaction KVUE Common Stock Options Exercise $0 +6,361 +19% $0.000000 39,814 15 Dec 2025 Direct
transaction KVUE Common Stock Tax liability $67,205 -3,905 -9.8% $17.21 35,909 15 Dec 2025 Direct F1
transaction KVUE Common Stock Options Exercise $0 +5,611 +16% $0.000000 41,520 15 Dec 2025 Direct
transaction KVUE Common Stock Tax liability $59,288 -3,445 -8.3% $17.21 38,075 15 Dec 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KVUE Restricted Stock Units Options Exercise $0 -10,579 -100% $0.000000 0 15 Dec 2025 Common Stock 10,579 Direct F3, F4, F5
transaction KVUE Restricted Stock Units Options Exercise $0 -1,370 -100% $0.000000 0 15 Dec 2025 Common Stock 1,370 Direct F5, F6, F7
transaction KVUE Restricted Stock Units Options Exercise $0 -6,361 -50% $0.000000 6,360 15 Dec 2025 Common Stock 6,361 Direct F2, F5, F8, F9
transaction KVUE Restricted Stock Units Options Exercise $0 -5,611 -33% $0.000000 11,221 15 Dec 2025 Common Stock 5,611 Direct F2, F5, F8, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of taxes upon vesting of Restricted Share Units (RSUs).
F2 Includes shares acquired in dividend reinvestment transactions.
F3 These RSUs were originally granted by Johnson & Johnson as performance share units and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 2023, were converted into time-based RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value and with performance criteria deemed satisfied at the target level.
F4 This award was scheduled to vest in full on 2/13/2026, subject to the reporting person's continued service through the vesting date but vesting was accelerated in order to mitigate the adverse impact to the Issuer and the Reporting Person of Section 280G of the Internal Revenue Code in connection with the pending transaction between the Issuer and Kimberly-Clark Corporation ("Section 280G Mitigation").
F5 This award will be subject to clawback in the event it is determined that the Reporting Person would not have ultimately vested in the award notwithstanding the acceleration reflected herein.
F6 These RSUs were originally granted by Johnson & Johnson and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 20223 and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer, were converted into RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value.
F7 This award was scheduled to vest in three equal installments on 02/13/2024, 02/13/2025, and 02/13/2026, subject to the reporting person's continued service through the vesting date but the vesting of the portion reflected herein was accelerated from 02/13/2026 in connection with the Section 280G Mitigation.
F8 These units correspond 1 for 1 with the Company's common stock.
F9 This award was scheduled to vest in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027, subject to the reporting person's continued service through such vesting date but the vesting of the portion reflected herein was accelerated from 03/05/2026 in connection with the 280G Mitigation.
F10 This award was scheduled to vest in three equal installments on 03/10/2026, 03/10/2027, and 03/10/2028, subject to the reporting person's continued service through such vesting date but the vesting of the portion reflected herein was accelerated from 03/10/2026 in connection with the Section 280G Mitigation.