{
  "id": 5565612,
  "title": "J&J EVP Timothy Schmid sells $9.2m in company stock",
  "url": "https://urgent.news/2026/09/04/j-j-evp-timothy-schmid-sells-9-2m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T13:31:19.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/jj-evp-timothy-schmid-sells-92m-in-company-stock-93CH-4889659"
  },
  "original_language": "en",
  "account": "Johnson & Johnson's Executive Vice President and Worldwide Chairman, Timothy Schmid, sold approximately $9.23 million worth of company stock on September 2, 2026. The transaction involved the sale of 33,597 shares at a price of $274.74 each. This sale occurred as JNJ shares approached their 52-week high of $281.07, with the stock price up 59% over the past year. According to InvestingPro, the stock appeared overvalued at the time, ranking among the most overvalued stocks tracked by the platform. Prior to this sale, Schmid had acquired an equal number of shares through the exercise of employee stock options, totaling 33,597 shares. These shares were purchased at prices ranging from $131.94 to $151.41, equivalent to a value of about $4.87 million. Schmid now directly holds 25,447 shares of Johnson & Johnson common stock. Moreover, he maintains indirect ownership of 758 shares through the Johnson & Johnson Stock Fund and 46 shares through the ESOP, both under the Johnson & Johnson Savings Plan.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Leonardo DRS EVP and CFO Michael Dippold sells $755k in stock",
        "url": "https://urgent.news/2026/09/04/leonardo-drs-evp-and-cfo-michael-dippold-sells-755k-in-stock",
        "published": "2026-09-04T12:45:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}