Sec Form 3 Filing - Schmid Timothy @ JOHNSON & JOHNSON - 2023-10-23

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Schmid Timothy 2. Issuer Name and Ticker or Trading Symbol JOHNSON & JOHNSON [ JNJ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP, WW Chair, MedTech (Last) (First) (Middle) ONE JOHNSON & JOHNSON PLAZA 3. Date of Earliest Transaction (MM/DD/YY) 10/23/2023 (Street) NEW BRUNSWICK, NJ08933 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 8,979 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Options (Right to Buy) $ 101.87 02/09/2019 02/08/2026 Common Stock 15,571 D Employee Stock Options (Right to Buy) $ 115.67 02/13/2020 02/13/2027 Common Stock 13,625 D Employee Stock Options (Right to Buy) $ 129.51 02/12/2021 02/11/2028 Common Stock 8,998 D Employee Stock Options (Right to Buy) $ 131.94 02/11/2022 02/11/2029 Common Stock 11,070 D Employee Stock Options (Right to Buy) $ 151.41 02/10/2023 02/10/2030 Common Stock 22,527 D Employee Stock Options (Right to Buy) $ 162.75 ( 1 ) 02/13/2033 Common Stock 12,388 D Employee Stock Options (Right to Buy) $ 164.62 02/08/2024 02/08/2031 Common Stock 21,574 D Employee Stock Options (Right to Buy) $ 165.89 02/14/2025 02/14/2032 Common Stock 17,431 D Restricted Share Units ( 2 ) ( 2 ) ( 2 ) Common Stock 1,497 D Restricted Share Units ( 3 ) 02/08/2024 02/08/2024 Common Stock 1,964 D Restricted Share Units ( 3 ) 02/14/2025 02/14/2025 Common Stock 1,765 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Schmid Timothy ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK, NJ08933 EVP, WW Chair, MedTech Signatures Raavi Deol, as attorney-in-fact, for Timothy Schmid 11/02/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The Stock Option Award was granted on February 13, 2023 and vests in three equal annual installments beginning on the first anniversary of the grant date. ( 2 )The Restricted Share Units were granted on February 13, 2023 and vest in three annual equal installments beginning on the first anniversary of the grant date. ( 3 )Each Restricted Share Unit represents a contingent right to acquire one share of Company Common Stock.

Remarks: schmidpoa1.txt

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.