Smith Jeffrey C sold KVUE
November 2, 2026 · Form 4 insider transaction
Smith Jeffrey C sold 30,404.881 shares of Kenvue Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Each Deferred Share Unit ("DSU") represents the right to receive one share of Issuer Common Stock.; On November 2, 2026, Kimberly-Clark Corporation, a Delaware corporation ("K-C"), acquired the Issuer pursuant to that certain Agreement and Plan of Merger dated November 2, 2025, by and among the Issuer, K-C, Vesta Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of K-C, and Vesta Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of K-C (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, each share of the Issuer's common stock ("Issuer Common Stock") was exchanged for 0.14625 shares of K-C common stock ("K-C Common Stock"), par value $1.25 per share (the "Stock Consideration"), plus (b) $3.50 in cash (the "Cash Consideration" and, together with the Stock Consideration, the "Merger Consideration").; Pursuant to the Merger Agreement, each DSU was assumed and converted into a K-C stock unit award covering a number of shares of K-C Common Stock equal to the product of (a) the number of shares of Issuer Common Stock subject to such DSU immediately prior to the Effective Time (including any additional DSUs credited as Issuer DERs with respect to such DSU prior to the Effective Time) and (b) the equity award exchange ratio determined under a formula in the Merger Agreement, subject to the same terms and conditions that applied prior to the Effective Time.