Duato Joaquin 4

What Happened

• Joaquin Duato, CEO and Chairman of Johnson & Johnson (JNJ), received an award of 73,054 performance share units (PSUs) reported on Feb 9, 2026. The award is recorded as an acquisition at $0.00 (derivative instrument) and will convert into common stock if and when the PSUs vest. The PSU amount reflects the target grant from Feb 13, 2023 adjusted for actual performance and certified on Feb 9, 2026.

Key Details

• Transaction date: 2026-02-09; Transaction code: A (award/grant)
• Price: $0.00 per share (award); listed as a derivative grant
• Shares owned after transaction: Not disclosed in this Form 4
• Footnotes: F1 — PSUs awarded under the issuer’s Long-Term Incentive Plan (Feb 13, 2023). F2 — Number reflects target PSUs adjusted for performance, certified Feb 9, 2026.
• Filing timeliness: Reported on 2026-02-11 (filed within the Form 4 reporting window)

Context

• PSUs are performance-based compensation that convert into shares only if vesting conditions are met; this award is a compensation event, not an open-market purchase or sale. Such grants are common for senior executives and do not by themselves indicate buying or selling sentiment.