Johnson & Johnson Director Marillyn A. Hewson Acquires Deferred Share Units via Retainer Deferral

Insider Filing Analysis: Johnson & Johnson ($JNJ)

Executive Summary

On September 10, 2026, Johnson & Johnson filed a Form 4 reporting an acquisition of Deferred Share Units (DSUs) by Director Marillyn A. Hewson. The transaction occurred on September 8, 2026, and involved the acquisition of 180.956 DSUs at an effective price of $276.31 per share, totaling approximately $50,000.00.

Transaction Details

• Security: Deferred Share Units
• Transaction Code: A (Acquisition pursuant to a compensation plan)
• Shares Acquired: 180.956
• Price per Unit: $276.31
• Total Value: ~$50,000.00
• Ownership Type: Direct
• Post-Transaction Holdings: 16,049.417 DSUs (includes accrued dividend equivalent rights)

Context & Significance

This transaction represents a routine deferral of cash retainer fees into DSUs pursuant to the Issuer's Amended and Restated Deferred Fee Plan for Directors. These units settle in cash upon the termination of directorship. Because this is an automated election under standard director compensation governance rather than an open-market transaction, the trading significance is classified as Low.