Kenvue Inc.
Gomes de Lemos Leonardo Curado (Group President, Latin America) reports KVUE insider transactions
AI-generated summary
Group President, Latin America Gomes de Lemos Leonardo Curado sold 17,107 shares of Common Stock back to the company, 12,818 stock options back to the company, 64,194 restricted stock units back to the company, acquired 4,150 performance stock units as a grant, and sold 4,150 performance stock units back to the company. Following these transactions, the insider held 0 shares directly. The transactions occurred pursuant to a merger.
Key facts
- Insider
- Gomes de Lemos Leonardo Curado · Group President, Latin America
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 2, 2026 | D · sale back to the companyFootnotes F1 | −17,107 | — | — | 0 | Direct |
| Nov 2, 2026 | D · sale back to the companyStock OptionsFootnotes F1, F2 | −12,818 | — | — | 0 | Direct |
| Nov 2, 2026 | D · sale back to the companyRestricted Stock UnitsFootnotes F3, F1, F4 | −64,194 | — | — | 0 | Direct |
| Nov 2, 2026 | A · grantPerformance Stock UnitsFootnotes F5, F1, F6 | +4,150 | — | — | 0 | Direct |
| Nov 2, 2026 | D · sale back to the companyPerformance Stock UnitsFootnotes F5, F1, F6 | −4,150 | — | — | 0 | Direct |
Footnotes
- F1 On November 2, 2026, Kimberly-Clark Corporation, a Delaware corporation ("K-C"), acquired the Company pursuant to that certain Agreement and Plan of Merger dated November 2, 2025, by and among the Company, 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 Company's common stock ("Company 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").
- F2 Pursuant to the Merger Agreement, each outstanding option to purchase the Company's Common Stock (a "Company Option"), whether vested or unvested, was assumed and converted into an option to acquire a number of shares of K-C Common Stock equal to the number of shares of Company Common Stock under such Company Option, subject to same terms and conditions that applied prior to the Effective Time, except that the exercise price and the number of shares of K-C Common Stock issuable upon exercise of such Company Option were adjusted based on the equity award exchange ratio determined under a formula in the Merger Agreement (the "Equity Award Exchange Ratio").
- F3 Each restricted stock unit ("RSU") corresponds 1 for 1 with the Company's Common Stock.
- F4 Pursuant to the Merger Agreement, each unvested RSU was assumed and converted into an equivalent K-C award covering a number of shares of K-C Common Stock equal to the product of (a) the number of shares of Company Common Stock subject to such Company RSU immediately prior to the Effective Time (including any additional Company RSUs credited as Company DERs with respect to such Issuer RSU Award immediately prior to the Effective Time) and (b) the Equity Award Exchange Ratio, subject to the same terms and conditions that applied prior to the Effective Time.
- F5 Each performance stock unit ("PSU") corresponds 1 for 1 with the Company's common stock.
- F6 Pursuant to the Merger Agreement, each PSU 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 Company Common Stock subject to such Company PSU immediately prior to the Effective Time (including any additional Company RSUs credited as Company DERs with respect to such Company RSU prior to the Effective Time) and (b) the Equity Award Exchange Ratio, subject to the same terms and conditions (other than performance-based vesting) that applied prior to the Effective Time. The PSUs granted in 2024 and 2025 converted based on 100% of target achievement as of the Effective Time, as determined by the Compensation & Human Capital Committee of the Company's Board of Directors.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.