Lawson Carlton 4

What Happened

• Lawson Carlton, Group President EMEA & Latin America at Kenvue, converted/exercised 6,157.82 derivative units into 6,157.82 shares of Kenvue common stock on 2026-03-10. The reported per-share price was $0.00 (conversion/vesting), and the reporting person retained all shares rather than selling them. According to the filing, any related tax withholding was paid in cash.

Key Details

• Transaction date: 2026-03-10 (Form 4 filed 2026-03-12 — appears timely).
• Transaction type/code: Exercise or conversion of derivative (code M).
• Shares involved: 6,157.82 shares acquired; an accompanying derivative disposition line for the same amount appears on the form but the filer retained all shares (see footnote).
• Price: $0.00 per share on conversion (no cash paid to acquire shares).
• Shares owned after transaction: Not specified in the excerpt provided.
• Relevant footnotes from the filing:
  • F1: Reporting person retained all shares acquired upon vesting and paid tax withholding in cash.
  • F2: Units convert 1-for-1 to common stock.
  • F3: Award vests in three equal installments on 03/10/2026, 03/10/2027, and 03/10/2028, subject to continued service.
  • F4: Includes shares acquired via dividend reinvestment transactions.
• Filing timeliness: Reported two days after the transaction date (filed 2026-03-12 for a 2026-03-10 event), which is generally within the required reporting window for insiders.

Context

• This was a conversion/vesting event (derivative -> common stock), not an open-market purchase or sale. Because the shares were retained and taxes were paid in cash, this does not reflect a market sale or an intent to liquidate holdings.
• Such transactions are routine equity compensation vesting and are not direct indications of management’s view of the stock price.