4//SEC Filing
Smith Jeffrey C 4
Accession 0000921895-25-003341
CIK 0001944048other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:00 PM ET
Size
10.0 KB
Accession
0000921895-25-003341
Insider Transaction Report
Form 4
Kenvue Inc.KVUE
Smith Jeffrey C
Director
Transactions
- Purchase
Common Stock, $0.01 par value
2025-12-11$17.43/sh+3,177,694$55,392,926→ 24,107,632 total(indirect: By Starboard Value LP) - Purchase
Common Stock, $0.01 par value
2025-12-12$17.37/sh+3,200,000$55,593,600→ 27,307,632 total(indirect: By Starboard Value LP)
Holdings
- 13,641.878
Deferred Share Units
→ Common Stock (13,641.878 underlying)
Footnotes (6)
- [F1]Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F2]Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock.
- [F3]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.
- [F4]Includes DSUs acquired as dividend equivalents.
- [F5]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.3720 to $17.5550, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction.
- [F6]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.3580 to $17.3880, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction.
Documents
Issuer
Kenvue Inc.
CIK 0001944048
Entity typeother
Related Parties
1- filerCIK 0001362697
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:00 PM ET
- Size
- 10.0 KB