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Kenvue Inc. Director's Dealing 2025

Dec 17, 2025

30138_dirs_2025-12-17_628ff48a-141f-4047-98be-5b71465bdd80.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kenvue Inc. (KVUE)
CIK: 0001944048
Period of Report: 2025-12-15

Reporting Person: Dyer Russell (Chief Corp. Affairs Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-12-15 Common Stock M 2752.06 Acquired 4456.21 Direct
2025-12-15 Common Stock F 1408 $17.21 Disposed 3048.21 Direct
2025-12-15 Common Stock M 2155.93 Acquired 5204.14 Direct
2025-12-15 Common Stock F 1103 $17.21 Disposed 4101.14 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-12-15 Restricted Stock Units $ M 2752.06 Disposed Common Stock (2752.06) Direct
2025-12-15 Restricted Stock Units $ M 2155.93 Disposed Common Stock (2155.93) Direct

Footnotes

F1: Shares withheld for payment of taxes upon vesting of Restricted Share Units.

F2: These units correspond 1 for 1 with the Company's common stock.

F3: This award was scheduled to vest in three equal installments on 06/03/2025, 06/03/2026, and 06/03/2027, subject to the reporting person's continued service through such vesting date but the vesting of the portion reflected herein was accelerated from 06/03/2026 in in order to mitigate the adverse impact to the Issuer and the Reporting Person of Section 280G of the Internal Revenue Code in connection with the pending transaction between the Issuer and Kimberly-Clark Corporation ("Section 280G Mitigation").

F4: This award will be subject to clawback in the event it is determined that the Reporting Person would not have ultimately vested in the award notwithstanding the acceleration reflected herein.

F5: Includes shares acquired in dividend reinvestment transactions.

F6: This award was scheduled to vest in three equal installments on 03/10/2026, 03/10/2027, and 03/10/2028, subject to the reporting person's continued service through such vesting date but the vesting of the portion reflected herein was accelerated from 03/10/2026 in connection with the Section 280G Mitigation.