JOHNSON & JOHNSON — Director's Dealing 2026

Feb 19, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2026-02-13

Reporting Person: Swanson James D. (EVP, CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-13	Common Stock	M	447	—	Acquired	19298.131	Direct
2026-02-13	Common Stock	F	143	$244.55	Disposed	19155.131	Direct
2026-02-13	Common Stock	M	9412	—	Acquired	28567.131	Direct
2026-02-13	Common Stock	F	3547	$244.55	Disposed	25020.131	Direct
2026-02-13	Common Stock	M	19368	$165.89	Acquired	44388.131	Direct
2026-02-13	Common Stock	S	19368	$243.76	Disposed	25020.131	Direct
2026-02-13	Common Stock	M	22191	$162.75	Acquired	47211.131	Direct
2026-02-13	Common Stock	S	22191	$243.71	Disposed	25020.131	Direct
2026-02-15	Common Stock	M	492	—	Acquired	25512.131	Direct
2026-02-15	Common Stock	F	214	$243.45	Disposed	25298.131	Direct
2026-02-15	Common Stock	M	709	—	Acquired	26007.131	Direct
2026-02-15	Common Stock	F	309	$243.45	Disposed	25698.131	Direct
2026-02-17	Common Stock	M	20521	$164.62	Acquired	46219.131	Direct
2026-02-17	Common Stock	S	20521	$242.70	Disposed	25698.131	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-13	Restricted Share Units	$	M	447	Disposed		Common Stock (447)	Direct
2026-02-13	Performance Share Units	$	M	9412	Disposed		Common Stock (9412)	Direct
2026-02-13	Employee Stock Options (Right to Buy)	$165.89	M	19368	Disposed	2032-02-14	Common Stock (19368)	Direct
2026-02-13	Employee Stock Options (Right to Buy)	$162.75	M	22191	Disposed	2033-02-13	Common Stock (22191)	Direct
2026-02-15	Restricted Share Units	$	M	492	Disposed		Common Stock (492)	Direct
2026-02-15	Restricted Share Units	$	M	709	Disposed		Common Stock (709)	Direct
2026-02-15	Employee Stock Options (Right to Buy)	$243.45	A	19449	Acquired	2036-02-15	Common Stock (19449)	Direct
2026-02-15	Restricted Share Units	$	A	1397	Acquired		Common Stock (1397)	Direct
2026-02-17	Employee Stock Options (Right to Buy)	$164.62	M	20521	Disposed	2031-02-08	Common Stock (20521)	Direct

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: Performance Share Units (PSUs) awarded under Issuer's Long-Term Incentive Plan on February 13, 2023. The PSUs convert into shares of Common Stock upon vesting.

F4: Shares withheld for payment of taxes upon vesting of PSUs.

F5: This transaction was executed in multiple trades at prices ranging from $243.74 to $243.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F6: This transaction was executed in multiple trades at prices ranging from $243.64 to $243.895. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F7: Awarded under Issuer's Long-Term Incentive Plan. The Restricted Share Units (RSUs) awarded on February 15, 2024 vest in three annual equal installments beginning on the first anniversary of the grant date. The RSU convert into shares of Common Stock upon vesting.

F8: Awarded under Issuer's Long-Term Incentive Plan. The Restricted Share Units (RSUs) awarded on February 15, 2025 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 on a one for one basis.

F9: This transaction was executed in multiple trades at prices ranging from $242.69 to $242.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F10: Awarded under Issuer's Long-Term Incentive Plan. The Stock Option Award vested and was exercisable on the third anniversary of the grant date.

F11: Awarded under Issuer's Long-Term Incentive Plan. The Stock Option Award vests in three equal annual installments beginning on the first anniversary of the grant date.

F12: Each RSU represents a contingent right to receive one share of Company Common Stock.

F13: Awarded under Issuer's Long-Term Incentive Plan. The Restricted Share Units (RSUs) awarded on February 15, 2026 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 on a one for one basis.