$JNJ · Johnson & Johnson
Johnson & Johnson filed a Form 4 reporting a change in beneficial ownership for Daniel E. Pinto, a director of the company. The filing states that on September 8, 2026, Mr. Pinto acquired 113.098 deferred share units under the company’s Amended and Restated Deferred Fee Plan for Directors. This acquisition represents the deferral of his cash retainer. Each deferred share unit reflects the fair market value of one share of Johnson & Johnson common stock on the business day before settlement, and the units are to be settled in cash upon the termination of his directorship.
The reported price for the deferred share units was $276.31 per unit. Following the transaction, Mr. Pinto beneficially owned 2,445.177 deferred share units directly. The filing also notes that this amount includes dividend equivalent rights accrued in connection with the company’s quarterly dividend on deferred share units he holds. The Form 4 was signed on September 10, 2026 by an attorney-in-fact.