Insider trade

Director purchased ~$55.4M of KVUE shares in the open market

Traded Dec 11, 2025 · Filed Dec 15, 2025

~$55.4M
Reported value · 3.18M sh @ $17.4318: 24.1M
Holds after · shares reported: -0.6%
stock since the trade · S&P 500 +10.9%, $17.32 → $17.22 on Oct 1

Why it stands out

A board member of Kenvue spent $55.4M of their very own money to buy Kenvue shares. Their pile of Kenvue shares grew by 15%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 11, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 15, 2025

DirectorIndirect holding$1M+Holdings +15%

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$55,392,926

Shares × reported transaction price

Size band

$1M+

Ownership change

+15.2%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

38 days after results of Nov 3, 2025, 68 days before results of Feb 17, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $17.32 on Dec 11, 2025, 23% above its 52-week low and 29% below its high, after a 21% rise over the previous 30 trading days

52-week range $14.11 (Oct 16, 2025) to $24.44 (May 9, 2025), 31% of the way up, from 250 adjusted closes. 30 trading days earlier: $14.31 on Oct 29, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Oct 9, 2023 in the U.S. District Court, D. New Jersey. A filing is an allegation, not a finding.

2 such cases were open. HAMMOND v. KENVUE INC., docket 3:23-cv-20998, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.3%	+1.3%	-2.7%
30 days	+0.1%	+2.0%	-1.9%
90 days	+2.7%	-1.4%	+4.1%
180 days	+5.8%	+11.2%	-5.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0000921895-25-003341
Filed / recorded: Dec 15, 2025, 9:00 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Kenvue Inc.
Issuer CIK: 1944048
Ticker: KVUE
Reporting person: Jeffrey C Smith
Relationship: Director
Security: Common Stock, $0.01 par value
Table: Non-derivative (Table I)
Transaction date: Dec 11, 2025
Transaction code: P
Shares / units: 3,177,694
Price per share: $17.4318
Acquired / disposed: Acquired (A)
Shares owned after: 24,107,632
Ownership form: Indirect — By Starboard Value LP
Amendment: No

Footnotes from the filing

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.3720 to $17.5550, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction.
Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.