---
schema_version: "secwatch.filing_event.v1"
accession: "0000200406-23-000105"
form_type: "8-K"
ticker: "JNJ"
cik: "0000200406"
company_name: "JOHNSON & JOHNSON"
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:42:13.564739+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Johnson & Johnson adopts new deferred compensation plan for management

## Summary
- Plan adopted Nov. 21, 2023; allows deferral of up to 50% of base salary and 100% of annual cash bonus.
- Participants fully vested at all times; no matching or discretionary company contributions.
- Payments made upon separation from service or at an in-service date elected by the participant.
- Executive Income Deferral Plan (EIDP) closed to new deferrals; existing balances may transfer options.
- Plan is unfunded, nonqualified, and limited to pay grade 50+ highly-compensated employees.

## SEC filing metadata
- accession: 0000200406-23-000105
- form_type: 8-K
- ticker: JNJ
- cik: 0000200406
- company_name: JOHNSON & JOHNSON
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/200406/000020040623000105/0000200406-23-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/200406/000020040623000105/jnj-20231121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000200406-23-000105
- JSON: https://secwatch.observer/filing/0000200406-23-000105.json
- Plain text: https://secwatch.observer/filing/0000200406-23-000105.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.