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: Stevens Meredith (Chief Operations Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-13	Common Stock	M	3215	—	Acquired	37069.96	Direct
2025-02-13	Common Stock	F	884	$21.23	Disposed	36185.96	Direct
2025-02-14	Common Stock	M	9794	—	Acquired	45979.96	Direct
2025-02-14	Common Stock	F	2693	$21.75	Disposed	43286.96	Direct
2025-02-14	Common Stock	M	24484	—	Acquired	67770.96	Direct
2025-02-14	Common Stock	F	6877	$21.75	Disposed	60893.96	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-13	Restricted Stock Units	$	M	3215	Disposed		Common Stock (3215)	Direct
2025-02-14	Restricted Stock Units	$	M	9794	Disposed		Common Stock (9794)	Direct
2025-02-14	Restricted Stock Units	$	M	24484	Disposed		Common Stock (24484)	Direct

Footnotes

F1: The Restricted Share Units converted into shares of Common Stock (RSUs) on a one-for-one basis upon vesting.

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

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.