Kenvue Officer Disposes of RSUs Following Kimberly-Clark Merger

Executive Summary

On November 4, 2026, Jonathan Halvorson, Chief Digital & Marketing Officer of Kenvue Inc. ($KVUE), filed a Form 4 disclosing the disposition of 89,969 Restricted Stock Units (RSUs) on November 2, 2026. This transaction was executed in connection with the consummation of Kenvue's acquisition by Kimberly-Clark Corporation.

Transaction Details

• Security: Restricted Stock Units
• Transaction Code: D (Disposition pursuant to merger)
• Shares Transacted: 89,969 units
• Price per Share: N/A (Converted pursuant to merger terms)
• Post-Transaction Holdings: 0 RSUs

Merger Context

Pursuant to the Agreement and Plan of Merger dated November 2, 2025, Kimberly-Clark Corporation acquired Kenvue Inc. Each unvested Kenvue RSU was assumed and converted into an equivalent equity award covering shares of Kimberly-Clark Common Stock based on the contractual equity award exchange ratio.

Market & Trading Significance

This disposition is administrative in nature, resulting from the completion of the corporate merger rather than discretionary market activity. Consequently, it carries low predictive value for standalone equity performance.