Kenvue Inc. Director Vasant M. Prabhu Disposes of Deferred Share Units in Merger

Executive Summary

On November 4, 2026, a Form 4 was filed for Kenvue Inc. ($KVUE) disclosing a disposition by Director Vasant M. Prabhu. On November 2, 2026, Prabhu disposed of 37,794.81 Deferred Share Units (DSUs) in connection with the merger transaction in which Kimberly-Clark Corporation ("K-C") acquired Kenvue Inc.

Transaction Breakdown

• Reporting Owner: Vasant M. Prabhu (Director)
• Security: Deferred Share Units
• Transaction Code: D (Disposition to the issuer)
• Shares/Units Disposed: 37,794.81
• Post-Transaction Beneficial Ownership: 0 units
• Transaction Consideration: As detailed in footnote (F3), each DSU was assumed and converted into a K-C stock unit award covering shares of K-C Common Stock based on the equity award exchange ratio set forth in the Merger Agreement.

Strategic Context & Significance

This filing does not reflect discretionary open-market selling or a change in insider sentiment. Rather, it represents the mechanical disposition and conversion of equity awards resulting from the closing of the merger between Kenvue Inc. and Kimberly-Clark Corporation. The filing marks the reporting owner's exit from Section 16 reporting status for Kenvue (notSubjectToSection16 = 1). As such, this transaction has Low trading significance.