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: Decker Robert J (VP Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-13	Common Stock	M	312	—	Acquired	19285	Direct
2025-02-14	Common Stock	F	104	$155.26	Disposed	19181	Direct
2025-02-14	Common Stock	M	850	—	Acquired	20031	Direct
2025-02-14	Common Stock	F	254	$156.71	Disposed	19777	Direct
2025-02-15	Common Stock	M	339	—	Acquired	20116	Direct
2025-02-18	Common Stock	F	94	$156.15	Disposed	20022	Direct
2025-02-14	Common Stock	M	1351	—	Acquired	21373	Direct
2025-02-14	Common Stock	F	372	$156.71	Disposed	21001	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-13	Restricted Share Units	$	M	312	Disposed		Common Stock (312)	Direct
2025-02-14	Restricted Share Units	$	M	850	Disposed		Common Stock (850)	Direct
2025-02-15	Restricted Share Units	$	M	339	Disposed		Common Stock (339)	Direct
2025-02-14	Performance Share Units	$	M	1351	Disposed		Common Stock (1351)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	620	Indirect
Common Stock	134	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: Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (1/31/2025).

F9: Each RSU represents a contingent right to receive one share of Company Common Stock.