Kenvue (KVUE) director Richard Allison awarded 1,331 deferred share units

Rhea-AI Filing Summary

ALLISON RICHARD E JR reported acquisition or exercise transactions in this Form 4 filing.

Kenvue Inc. director Richard E. Allison Jr. received a grant of 1,331 Deferred Share Units as non-cash board compensation, each representing one share of common stock. These units are deferred under the company’s director fee plan and will be settled in shares after he leaves the board. Following this award, his Deferred Share Unit balance is 37,634.229 units, which includes amounts accumulated through dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ALLISON RICHARD E JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	1,331	$0.00	--

Holdings After Transaction: Deferred Share Units — 37,634.229 shares (Direct)

Footnotes (1)

1. Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock. The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors and will be settled in shares of common stock following the reporting person's separation from service. Includes shares acquired in dividend reinvestment transactions.

Key Figures

Deferred Share Units granted: 1,331 units Price per Deferred Share Unit: $0.0000 Deferred Share Units after grant: 37,634.229 units +1 more

4 metrics

Deferred Share Units granted 1,331 units Grant of DSUs as of 2026-03-30

Price per Deferred Share Unit $0.0000 Stated grant price for DSUs

Deferred Share Units after grant 37,634.229 units Total DSUs following transaction

Underlying common stock per DSU 1 share per unit Each DSU represents one Kenvue common share

Key Terms

Deferred Share Units, Amended and Restated Deferred Fee Plan for Directors, dividend reinvestment transactions

3 terms

Deferred Share Units financial

"Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock."

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

Amended and Restated Deferred Fee Plan for Directors financial

"The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors"

dividend reinvestment transactions financial

"Includes shares acquired in dividend reinvestment transactions."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ALLISON RICHARD E JR

(Last) (First) (Middle)

C/O 1 KENVUE WAY

(Street)

SUMMIT NEW JERSEY 07901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Kenvue Inc. [ KVUE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Share Units(1)	(2)	03/30/2026		A		1,331		(2)	(2)	Common Stock	1,331	(1)	37,634.229(3)	D

Explanation of Responses:

1. Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock.

2. The DSUs represent deferral of cash compensation under the Issuer's Amended and Restated Deferred Fee Plan for Directors and will be settled in shares of common stock following the reporting person's separation from service.

3. Includes shares acquired in dividend reinvestment transactions.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Kenvue (KVUE) report for Richard E. Allison Jr.?

Kenvue reported that director Richard E. Allison Jr. received 1,331 Deferred Share Units as a grant of deferred board compensation. Each unit represents one share of common stock, to be delivered after his separation from service under the director fee plan.

How many Kenvue Deferred Share Units does Richard E. Allison Jr. hold after this Form 4?

After this grant, Richard E. Allison Jr. holds 37,634.229 Deferred Share Units. This total reflects previously accumulated units as well as amounts added through dividend reinvestment transactions, all representing future delivery of Kenvue common shares after his board service ends.

What is a Deferred Share Unit (DSU) in the context of Kenvue (KVUE)?

A Deferred Share Unit at Kenvue represents the right to receive one share of company common stock in the future. For directors, DSUs are typically awarded instead of cash fees and are settled in shares after the director’s separation from board service under the deferred fee plan.

Was the Kenvue (KVUE) Form 4 a market purchase or sale of shares?

The Form 4 did not report a market purchase or sale. Instead, it showed a grant of 1,331 Deferred Share Units as compensation, with a stated price of $0.0000 per unit, reflecting a non-cash award rather than an open-market stock transaction.

How are Kenvue director fees handled under the Amended and Restated Deferred Fee Plan?

Under Kenvue’s Amended and Restated Deferred Fee Plan for Directors, eligible cash compensation can be deferred into Deferred Share Units. These DSUs track one-for-one with Kenvue common stock and are settled in shares after the director’s separation from service, aligning compensation with shareholder outcomes.