4//SEC Filing
Smith Jeffrey C 4
Accession 0001193805-25-000686
CIK 0001944048other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 9:32 PM ET
Size
7.4 KB
Accession
0001193805-25-000686
Insider Transaction Report
Form 4
Kenvue Inc.KVUE
Smith Jeffrey C
Director
Transactions
- Other
Common Stock, $0.01 par value
2025-05-16−1,124,062→ 20,929,938 total(indirect: By Starboard Value LP)
Holdings
- 1,997
Deferred Share Units
→ Common Stock (1,997 underlying)
Footnotes (4)
- [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]Represents a pro rata in-kind distribution by a Starboard Account to an underlying investor for no consideration.
- [F3]Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer common stock.
- [F4]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.
Documents
Issuer
Kenvue Inc.
CIK 0001944048
Entity typeother
Related Parties
1- filerCIK 0001362697
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 9:32 PM ET
- Size
- 7.4 KB