Kenvue Inc. Officer Disposes Equity Awards via Kimberly-Clark Merger

Executive Summary

On November 2, 2026, Carlos De Jesus, Group President, North America at Kenvue Inc. ($KVUE), disposed of all outstanding equity awards—including 483,870 stock options and 184,749 restricted stock units (RSUs)—under transaction code 'D'. This disposition was not an open-market sale, but rather the result of Kenvue Inc. being acquired by Kimberly-Clark Corporation ("K-C").

Transaction Details

• Stock Options: 483,870 options with an exercise price of $17.21 were assumed and converted into options to purchase shares of K-C common stock based on the contractual Equity Award Exchange Ratio.
• Restricted Stock Units: 184,749 RSUs were assumed and converted into equivalent K-C RSU awards adjusted by the Equity Award Exchange Ratio.
• Post-Transaction Beneficial Ownership: 0 shares/awards remaining in Kenvue Inc. as the insider is no longer subject to Section 16 following the merger completion.

Market Significance

This transaction carries Low informational significance for market sentiment regarding standalone operations, as the disposition reflects standard corporate transaction mechanics related to the closing of the merger between Kenvue Inc. and Kimberly-Clark Corporation.