Stevens Meredith 4

What Happened

• Meredith Stevens, Chief Operations Officer of Kenvue (KVUE), had 6,178.21 restricted stock units (RSUs) convert to common shares on 2026-03-05. Of those, 1,677 shares were withheld to cover tax withholding at $18.25 per share, totaling $30,605. The conversion/vesting is reported as exercise/conversion of a derivative (code M) and the withholding as code F.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (appears timely).
• Vesting/conversion: 6,178.21 RSUs -> 6,178.21 common shares (1-for-1 per footnote).
• Tax withholding: 1,677 shares withheld @ $18.25/share = $30,605 (footnote F1).
• Vesting schedule: This award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027, subject to continued service (footnote F3).
• Shares owned after the transaction: not specified in the filing.
• Codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld for taxes.

Context

• This appears to be routine compensation vesting (not an open-market buy or discretionary sale). The withholding of shares to satisfy taxes is common and does not necessarily signal a view on the company's stock.