{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-138287","form_type":"8-K","ticker":"JNJ","cik":"0000200406","company_name":"JOHNSON & JOHNSON","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.657322+00:00","generated_at":"2026-06-15T14:31:40.116068+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"J&J completes Kenvue IPO at $22/share, retains 89.6% stake; net proceeds $4.24B","bullets":["Kenvue IPO priced at $22.00 per share; 198.7M shares sold including over-allotment.","Net proceeds of $4,241M paid to J&J as partial consideration for transferred consumer health business.","J&J owns 1,716,160,000 Kenvue shares (89.6%) post-IPO; will continue to consolidate Kenvue.","Separation Agreement and ancillary agreements (tax, employee, IP, trademark) executed May 3, 2023.","J&J may pursue a full distribution or other disposition of remaining Kenvue shares later."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-138287","json":"https://secwatch.observer/filing/0001193125-23-138287.json","markdown":"https://secwatch.observer/filing/0001193125-23-138287.md","text":"https://secwatch.observer/filing/0001193125-23-138287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/200406/000119312523138287/0001193125-23-138287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/200406/000119312523138287/d301195d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:31:40.116068+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ba44386ba741d7b2a3acb512abb7dafeeae4b34","claim":"JOHNSON & JOHNSON entered into Separation Agreement with Kenvue Inc. (effective 2023-05-03).","evidence_excerpt":"On May 8, 2023, Kenvue Inc., a Delaware corporation (“Kenvue”), completed its previously announced initial public offering (the “IPO”) of 198,734,444 shares of its common stock, par value $0.01 per share (the “Kenvue Common Stock”), including the underwriters’ full exercise of their option to purchase 25,921,884 shares to cover over-allotments, at an initial public offering price of $22.00 per share for net proceeds of $4,241 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/200406/000119312523138287/0001193125-23-138287-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Kenvue Inc."},{"label":"Effective","value":"2023-05-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}