Kenvue Inc. — Director's Dealing 2025

Feb 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kenvue Inc. (KVUE)
CIK: 0001944048
Period of Report: 2025-02-13

Reporting Person: Lawson Carlton (Group President EMEA & LA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-13	Common Stock	M	4519	—	Acquired	24529.94	Direct
2025-02-14	Common Stock	M	11846	—	Acquired	36375.94	Direct
2025-02-14	Common Stock	M	29618	—	Acquired	65993.94	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-13	Restricted Stock Units	$	M	4519	Disposed		Common Stock (4519)	Direct
2025-02-14	Restricted Stock Units	$	M	11846	Disposed		Common Stock (11846)	Direct
2025-02-14	Restricted Stock Units	$	M	29618	Disposed		Common Stock (29618)	Direct

Footnotes

F1: The reporting person retained all shares acquired upon vesting and paid the related tax withholdings in cash.

F2: The Restricted Share Units converted into shares of Common Stock on a one-for-one basis upon vesting.

F3: This award vests in three equal installments on 02/13/2024, 02/13/2025, and 02/13/2026, subject to the reporting person's continued service through the vesting date.

F4: This award vested in full on 02/14/2025.

F5: These RSUs were originally granted by Johnson & Johnson as performance share units and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 2023, were converted into time-based RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value and with performance criteria deemed satisfied at the target level.