Kenvue (KVUE)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-13 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Kenvue Inc. (KVUE) CIK: 0001944048 --- Reporting Owner --- Name: Stevens Meredith CIK: 0001967093 Role: Officer (Chief Operations Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-13 | Code: M (Exercise of derivative) Shares: +24,825 | Price: $0.00 Shares Owned After: 90,862.18 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-02-13 | Code: F (Payment of exercise/tax) Shares: -7,147 | Price: $18.66 Total Value: $133,363.02 Shares Owned After: 83,715.18 | Ownership: D (Direct) Footnotes: [F1] Shares withheld for payment of taxes upon vesting of Restricted Stock Units ("RSUs"). [Transaction #3] Security: Common Stock Date: 2026-02-13 | Code: M (Exercise of derivative) Shares: +3,215 | Price: $0.00 Shares Owned After: 86,930.18 | Ownership: D (Direct) [Transaction #4] Security: Common Stock Date: 2026-02-13 | Code: F (Payment of exercise/tax) Shares: -884 | Price: $18.66 Total Value: $16,495.44 Shares Owned After: 86,046.18 | Ownership: D (Direct) Footnotes: [F2] This award is fully vested. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-02-13 | Code: M (Exercise of derivative) Shares: -24,825 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F3] 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 (the "Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), 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, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years. [F3] 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 (the "Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), 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, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years. [F2] This award is fully vested. [F2] This award is fully vested. [Transaction #2] Security: Restricted Stock Units Date: 2026-02-13 | Code: M (Exercise of derivative) Shares: -3,215 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F4] These RSUs were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into 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. [F4] These RSUs were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into 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. [F2] This award is fully vested. [F2] This award is fully vested. --- Footnotes (Complete Index) --- F1: Shares withheld for payment of taxes upon vesting of Restricted Stock Units ("RSUs"). F2: This award is fully vested. F3: 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 (the "Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), 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, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years. F4: These RSUs were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into 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. --- Signature --- /s/ /s/ Alla Berenshteyn, as attorney-in-fact (2026-02-18)