PRABHU VASANT M 4
Research Summary
AI-generated summary
Kenvue Director Prabhu Vasant Receives 10,309-Share Award
What Happened
- Prabhu Vasant M, a director of Kenvue Inc. (KVUE), was granted 10,309 deferred share units (DSUs) on 2026-05-21. The grant is reported as a derivative acquisition at a per-share value of $17.46, for an aggregate reported value of $179,995.
- This was an awarded grant (not an open-market purchase or sale) and represents compensation rather than an immediate cash purchase or sale of shares.
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed five days after the transaction; note Form 4s are generally required within two business days, so this filing appears late).
- Transaction type/code: Award/Grant (A) — derivative security (DSUs).
- Amount and valuation: 10,309 DSUs at $17.46 each; aggregate $179,995.
- Shares owned after transaction: Not disclosed in the provided filing.
- Notable footnotes:
- F1: The DSUs were granted under the Issuer's Amended and Restated Deferred Fee Plan for Directors and will be settled in shares of common stock when the director’s directorship terminates (each DSU equals the right to receive one share at settlement).
- F2: The total includes DSUs acquired as dividend equivalents.
- No indication this was part of a 10b5-1 plan, exercise, gift, or tax-withholding sale.
Context
- DSUs are a form of deferred compensation for directors; they do not result in immediate stock ownership or market transactions and are typically paid out in shares upon termination of service. Such grants are routine director compensation and should not be read as an immediate market-direction signal.