=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-02
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Kenvue Inc. (KVUE)
CIK: 0001944048
--- Reporting Owner ---
Name: Howlett Heather
CIK: 0001805274
Role: Officer (VP & Chief Accounting Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-03-03 | Code: M (Exercise of derivative)
Shares: +1,534.48 | Price: $0.00
Shares Owned After: 31,724.5 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-03-03 | Code: F (Payment of exercise/tax)
Shares: -526 | Price: $18.15
Total Value: $9,546.90
Shares Owned After: 31,198.5 | Ownership: D (Direct)
Footnotes:
[F1] Shares withheld for payment of taxes upon vesting of Restricted Stock Units.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-03-02 | Code: A (Grant or award)
Shares: +22,233 | Price: $0.00
Shares Owned After: 22,233 | Ownership: D (Direct)
Footnotes:
[F2] These units correspond 1 for 1 with the Company's common stock.
[F3] This award vests in three equal installments on 03/02/2027, 03/02/2028, and 03/02/2029, subject to the reporting person's continued service through such vesting date.
[F3] This award vests in three equal installments on 03/02/2027, 03/02/2028, and 03/02/2029, subject to the reporting person's continued service through such vesting date.
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-03-03 | Code: M (Exercise of derivative)
Shares: -1,534.48 | Price: $0.00
Shares Owned After: 3,065.91 | Ownership: D (Direct)
Footnotes:
[F2] These units correspond 1 for 1 with the Company's common stock.
[F4] This award vests in three equal installments on 03/03/2026, 03/03/2027, and 03/03/2028, subject to the reporting person's continued service through such vesting date.
[F4] This award vests in three equal installments on 03/03/2026, 03/03/2027, and 03/03/2028, subject to the reporting person's continued service through such vesting date.
[F5] Includes shares acquired in dividend reinvestment transactions.
--- Footnotes (Complete Index) ---
F1: Shares withheld for payment of taxes upon vesting of Restricted Stock Units.
F2: These units correspond 1 for 1 with the Company's common stock.
F3: This award vests in three equal installments on 03/02/2027, 03/02/2028, and 03/02/2029, subject to the reporting person's continued service through such vesting date.
F4: This award vests in three equal installments on 03/03/2026, 03/03/2027, and 03/03/2028, subject to the reporting person's continued service through such vesting date.
F5: Includes shares acquired in dividend reinvestment transactions.
--- Signature ---
/s/ /s/ Alla Berenshteyn, as attorney-in-fact (2026-03-04)