Howlett Heather 4

What Happened

• Heather Howlett, Vice President & Chief Accounting Officer of Kenvue (KVUE), had RSUs converted/vested on Feb 13, 2026. The filing shows conversion/exercise entries for 12,016 and 1,555 shares (total 13,571 shares) at $0.00. To cover tax withholding, 4,131 and 518 shares (total 4,649 shares) were withheld/disposed at $18.66 each, generating $86,750 in proceeds. Net new shares received by Howlett = 13,571 − 4,649 = 8,922 shares.
• This was not an open-market purchase or voluntary sale: it reflects equity award settlement/RSU vesting with shares withheld to satisfy tax obligations (transaction codes M = exercise/conversion of derivative; F = payment of exercise price or tax liability via share withholding).

Key Details

• Transaction date: Feb 13, 2026; Form 4 filed Feb 18, 2026 (filed after the typical two-business-day reporting window).
• Specific entries:
  • 12,016 shares acquired (M) @ $0.00
  • 1,555 shares acquired (M) @ $0.00
  • 4,131 shares withheld (F) @ $18.66 = $77,084
  • 518 shares withheld (F) @ $18.66 = $9,666
  • Total withheld = 4,649 shares; total proceeds = $86,750
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnotes: (F1) shares withheld to pay taxes; (F2/F4) these awards were converted from Johnson & Johnson performance share units as part of Kenvue’s separation from J&J; (F3) award is fully vested.

Context

• This is a routine equity award settlement (RSU conversion/vesting) rather than a market buy or sell; withholding to cover taxes is common and does not necessarily indicate a view on the company’s outlook.
• Because the filing was submitted on Feb 18 for a Feb 13 transaction, it appears to have been filed after the usual two-business-day deadline for officers.