Howlett Heather 4

What Happened
Heather Howlett, Vice President and Chief Accounting Officer of Kenvue Inc. (KVUE), had 2,722.87 restricted stock units (RSUs) convert into common shares on 2026-03-05. Of those shares, 933 were withheld and disposed to cover tax withholding at a price of $18.25 per share (proceeds ≈ $17,027). The remaining net shares delivered to Howlett were approximately 1,789.87 shares (2,722.87 − 933).

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09). No late-filing notation is shown.
• Conversion/exercise code: M (derivative conversion of RSUs to common stock) — 2,722.87 shares at $0.00 per share (vesting/conversion, not a cash purchase).
• Tax withholding code: F — 933 shares withheld and disposed at $18.25, proceeds ≈ $17,027.
• Footnotes: F1 = shares withheld to pay taxes; F2 = units convert 1-for-1 to common stock; F3 = award vests in three equal installments (03/05/2025, 03/05/2026, 03/05/2027); F4 notes inclusion of dividend reinvestment in share totals.
• Shares owned after the transaction are not specified in this filing.

Context
This was a routine vesting of RSUs and subsequent tax-withholding sale (often called a cashless/withholding transaction), not an open-market investment or a discretionary sale. Purchases are typically seen as stronger bullish signals; withholding to satisfy tax obligations is common and doesn’t necessarily indicate insider sentiment.