WEINBERGER MARK A 4

What Happened Mark A. Weinberger, a director of Johnson & Johnson (JNJ), was granted 975 deferred share units (DSUs) on April 23, 2026. The grant is recorded as an acquisition at $0.00 per unit (transaction code A), meaning this was an awarded equity-linked grant rather than a purchase. The DSUs are derivative units that will be settled in cash upon termination of his directorship, with each DSU representing the fair market value of one JNJ share at settlement.

Key Details

• Transaction date: 2026-04-23; Form 4 filed 2026-04-27 (filed within the typical 2 business-day window).
• Grant: 975 DSUs acquired at $0.00 per unit (derivative award; total reported cash outlay $0).
• Shares owned after transaction: Not specified in this Form 4.
• Transaction code: A (award/grant of derivative securities).
• Footnotes:
  • F1: DSUs granted under the Amended and Restated Deferred Fee Plan for Directors; DSUs will be paid in cash when the director leaves the board (each equals FMV of one share at settlement).
  • F2: DSUs include accrued dividend-equivalent rights tied to J&J’s quarterly dividend.

Context This is a routine director compensation award (deferred, cash-settled) rather than a market buy or sale. Such DSU grants compensate board service and do not directly signal immediate insider buying or selling of company stock.