JNJ Executive Timothy Schmid Exercises Options and Sells Shares for $9 Million

Johnson & Johnson EVP Timothy Schmid exercised two sets of employee stock options on September 2, 2026. The first set involved 11,070 options with an exercise price of $131.94 per share and was granted on February 11, 2022. The second set included 22,527 options at an exercise price of $151.41 per share and was granted on February 10, 2023.

Both sets of options were exercised and all the resulting shares, a total of 33,597, were sold on the same day for $274.74 per share. Following these transactions, Schmid's direct beneficial ownership of Common Stock was reported as 25,447 shares.

Schmid also holds indirect holdings through a 401k plan and an ESOP within the Johnson & Johnson Savings Plan, which include 758 shares and 46 shares respectively.