Kimberly-Clark (NYSE: KMB) GC exercises RSUs and uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kimberly-Clark Corporation General Counsel & Secretary Grant B. McGee reported routine equity compensation activity. On May 1, 2026, he exercised restricted share units that converted into 1,160 and 1,144 shares of common stock, and received a new grant of 5,324 restricted share units payable 1-for-1 in common stock.
To cover tax obligations upon vesting, a total of 908 common shares (457 and 451 shares) were automatically surrendered to the issuer at $97.67 per share. These transactions reflect compensation-related vesting, exercises, and tax-withholding dispositions rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,304 shares exercised/converted
Mixed
7 txns
Insider
McGee Grant B
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 5/01/2024 (w/Dividends reinvested) | 1,144 | $0.00 | -- |
| Exercise | Restricted Share Units 5/01/2025 (w/dividends reinvested) | 1,160 | $0.00 | -- |
| Grant/Award | Restricted Share Units 5/1/2026 (w/dividends reinvested) | 5,324 | $0.00 | -- |
| Exercise | Common Stock | 1,160 | $0.00 | -- |
| Exercise | Common Stock | 1,144 | $0.00 | -- |
| Tax Withholding | Common Stock | 451 | $97.67 | $44K |
| Tax Withholding | Common Stock | 457 | $97.67 | $45K |
Holdings After Transaction:
Restricted Share Units 5/01/2024 (w/Dividends reinvested) — 1,526 shares (Direct, null);
Restricted Share Units 5/01/2025 (w/dividends reinvested) — 2,708 shares (Direct, null);
Restricted Share Units 5/1/2026 (w/dividends reinvested) — 5,324 shares (Direct, null);
Common Stock — 5,908 shares (Direct, null)
Footnotes (1)
- Represents restricted share units that have vested and are paid out in shares of common stock. Includes restricted share units which were accrued based on dividends paid on the Corporation's common stock. Restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation Equity Participation Plan. Additional restricted share units are accrued based on dividends paid on the Corporation's common stock. This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units to satisfy the reporting person's tax withholding obligations. The restricted share units vest 30 percent on each of the first and second anniversaries of the grant date and the remaining 40 percent on the third anniversary of the grant date.
Key Figures
Tax-withholding shares: 908 shares
Tax-withholding price: $97.67 per share
RSUs exercised (grant 2025): 1,160 units
+2 more
5 metrics
Tax-withholding shares
908 shares
Common shares automatically surrendered for tax withholding
Tax-withholding price
$97.67 per share
Value used for 457 and 451 share surrenders
RSUs exercised (grant 2025)
1,160 units
Restricted share units converted into common stock
RSUs exercised (grant 2024)
1,144 units
Restricted share units converted into common stock
New RSU grant
5,324 units
Restricted share units granted 1-for-1 in common stock
Key Terms
restricted share units, tax withholding obligations, Equity Participation Plan, derivative security, +1 more
5 terms
tax withholding obligations financial
"automatic surrender of shares to the issuer upon vesting ... to satisfy the reporting person's tax withholding obligations"
Equity Participation Plan financial
"granted under the Kimberly-Clark Corporation Equity Participation Plan"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What did Kimberly-Clark (KMB) insider Grant B. McGee report in this Form 4?
Grant B. McGee reported routine equity compensation activity, including exercises of restricted share units into common stock and a new restricted share unit grant. The filing also shows automatic share surrenders to Kimberly-Clark to satisfy tax-withholding obligations tied to the vesting events.
What equity awards did Grant B. McGee receive from Kimberly-Clark (KMB)?
He received 5,324 restricted share units on a 1-for-1 basis in common stock under the Kimberly-Clark Corporation Equity Participation Plan. Additional restricted share units may accrue based on dividends paid on the company’s common stock, as described in the filing’s footnotes.
Are the Kimberly-Clark (KMB) insider transactions open-market buys or sells?
No open-market purchases or sales are reported. The transactions consist of exercises of restricted share units into common stock, a new restricted share unit grant, and automatic share surrenders to the issuer to cover tax-withholding obligations, all typical of stock-based compensation programs.