Kenvue Group President Disposes Holdings via Kimberly-Clark Merger

Transaction Overview

On November 2, 2026, Anindya Dasgupta, Group President, Asia Pacific at Kenvue Inc. ($KVUE), disposed of all directly held equity and derivative holdings in connection with the consummation of the company's acquisition by Kimberly-Clark Corporation ("K-C").

Key Details

• Non-Derivative Shares: 16,419 shares of Common Stock were disposed of at an effective merger consideration of 0.14625 shares of K-C common stock plus $3.50 in cash per share.
• Derivative Holdings:
  • Stock Options: 124,352 options ($21.44 exercise price) were converted into options to acquire K-C common stock adjusted by the equity award exchange ratio.
  • Restricted Stock Units (RSUs): 136,081 RSUs were converted into equivalent K-C equity awards.
  • Performance Stock Units (PSUs): 39,527 PSUs converted based on 100% of target achievement and were subsequently assumed and converted into K-C stock unit awards.
• Post-Transaction Holdings: 0 shares directly held, reflecting the termination of Section 16 reporting status following the merger.

Significance

This transaction carries Low informational significance for public market investors, as it represents a mandatory merger-driven disposition and conversion of equity awards rather than a discretionary open-market sale.