Kenvue Inc.·4

Mar 9, 5:03 PM ET

Alvarado Luani 4

Research Summary

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Updated

Kenvue CPO Alvarado Luani Receives RSU Award; Shares Withheld

What Happened
Alvarado Luani, Chief People Officer at Kenvue (KVUE), had restricted stock units (RSUs) vest and convert into 4,289.08 shares on March 5, 2026. To satisfy tax withholding obligations, 2,094 shares were withheld (disposed) at an effective price of $18.25 per share, totaling approximately $38,216. The underlying conversion is reported as a derivative exercise (code M) with a $0.00 exercise price, consistent with RSU vesting.

Key Details

  • Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (filed timely).
  • Shares converted/received: 4,289.08 shares (derivative conversion at $0.00).
  • Shares withheld for taxes: 2,094 shares withheld at $18.25/share to cover tax liability (~$38,216).
  • Footnotes: F1 = shares withheld to pay taxes on RSU vesting; 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) subject to continued service; F4 = includes shares acquired via dividend reinvestment.
  • Shares owned after the transaction: not specified in the provided report.

Context
This was a routine vesting event (not an open-market purchase or discretionary sale). RSUs typically convert to shares with no exercise price, and companies commonly withhold a portion of shares to cover taxes—this is standard and does not necessarily signal a change in insider sentiment.