Kenvue (KVUE) Group President Anindya Dasgupta Exercises 16,419 Shares
$KVUE · Kenvue Inc.Research Summary
AI-generated summary of this SEC filing
Kenvue (KVUE) Group President Anindya Dasgupta Exercises 16,419 Shares
What Happened
Anindya Dasgupta, Group President APAC of Kenvue (KVUE), exercised/converted 16,418.87 derivative units into 16,418.87 shares on July 31, 2026. The reported exercise price is $0.00, so no cash was paid. The filing also shows the corresponding derivative position treated as disposed (cancelled) upon conversion, and a footnote states the reporting person retained all shares acquired upon vesting.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (reporting period 07/31/2026).
- Transaction type/code: Exercise/conversion of derivative (Code M).
- Shares involved: 16,418.87 shares acquired; 16,418.87 derivative units disposed (conversion).
- Price: $0.00 per share (no cash exercise). No dollar value of the shares listed in the filing.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Reporting person retained all shares acquired upon vesting.
- F2: Units convert 1-for-1 to common stock.
- F3: Award vests in three equal installments on 07/31/2026, 07/31/2027, and 07/31/2028, subject to continued service.
- F4: Includes shares acquired via dividend reinvestment transactions.
- Timeliness: Filing date (8/4) is after the 7/31 transaction; the filing does not state a timeliness exception.
Context
This appears to be a scheduled vesting/conversion of equity units (no cash exercise), not an open-market purchase or sale. Such conversions are typically routine when restricted units or similar awards vest; the insider retained the resulting shares per the filing. There’s no indication here of an immediate sale (cashless exercise followed by sale) or other market trade.