JOHNSON & JOHNSON — Director's Dealing 2025

Feb 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2025-02-13

Reporting Person: Duato Joaquin (Director, CEO and Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-13	Common Stock	M	3470	—	Acquired	392498	Direct
2025-02-14	Common Stock	F	1510	$155.26	Disposed	390988	Direct
2025-02-14	Common Stock	M	5053	—	Acquired	396041	Direct
2025-02-14	Common Stock	F	2198	$156.71	Disposed	393843	Direct
2025-02-15	Common Stock	M	3682	—	Acquired	397525	Direct
2025-02-18	Common Stock	F	1602	$156.15	Disposed	395923	Direct
2025-02-14	Common Stock	M	19282	—	Acquired	415205	Direct
2025-02-14	Common Stock	F	8386	$156.71	Disposed	406819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-13	Restricted Share Units	$	M	3470	Disposed		Common Stock (3470)	Direct
2025-02-14	Restricted Share Units	$	M	5053	Disposed		Common Stock (5053)	Direct
2025-02-15	Restricted Share Units	$	M	3682	Disposed		Common Stock (3682)	Direct
2025-02-14	Performance Share Units	$	M	19282	Disposed		Common Stock (19282)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	946	Indirect

Footnotes

F1: Awarded under Issuer's Long-Term Incentive Plan. The Restricted Share Units (RSUs) awarded on February 13, 2023 vest in three annual equal installments beginning on the first anniversary of the grant date. The RSUs convert into shares of Common Stock upon vesting.

F2: Shares withheld for payment of taxes upon vesting of RSUs.

F3: Awarded under Issuer's Long-Term Incentive Plan. The RSUs awarded on February 14, 2022 vest three years after date of grant. The RSUs convert into shares of Common Stock upon vesting.

F4: Awarded under Issuer's Long-Term Incentive Plan. The RSUs awarded on February 15, 2024 vest in three annual equal installments beginning on the first anniversary of the grant date. The RSUs convert into shares of Common Stock upon vesting.

F5: Performance Share Units (PSUs) awarded under Issuer's Long-Term Incentive Plan on February 14, 2022. The PSUs convert into shares of Common Stock upon vesting.

F6: Shares withheld for payment of taxes upon vesting of PSUs.

F7: Includes shares accrued due to dividend reinvestment in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (1/31/2025).

F8: Each RSU represents a contingent right to receive one share of Company Common Stock.