Kimberly-Clark (KMB) executive exercises RSUs and sells shares to cover taxes
Rhea-AI Filing Summary
Kimberly-Clark executive Katy Chen reported routine equity transactions involving company stock and restricted share units. She exercised previously granted restricted share units into 3,456 shares of common stock on May 1, 2026 at a conversion price of $0.00 per share.
On May 4, 2026, she sold 1,596 common shares at a weighted average price of $95.341 per share. A footnote states this sale was solely to satisfy her tax withholding obligations, making it a non-discretionary disposition rather than an open-market directional trade.
Chen also received a new grant of 8,191 restricted share units payable on a 1-for-1 basis in common stock under the Kimberly-Clark Corporation Equity Participation Plan. Following these transactions, she holds 8,362 common shares directly, alongside the new restricted share unit award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,596 | $95.341 | $152K |
| Exercise | Restricted Share Units 5/01/2024 (w/Dividends reinvested) | 1,716 | $0.00 | -- |
| Exercise | Restricted Share Units 5/01/2025 (w/dividends reinvested) | 1,740 | $0.00 | -- |
| Grant/Award | Restricted Share Units 5/1/2026 (w/dividends reinvested) | 8,191 | $0.00 | -- |
| Exercise | Common Stock | 1,740 | $0.00 | -- |
| Exercise | Common Stock | 1,716 | $0.00 | -- |
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 sale of shares to satisfy the reporting person's tax withholding obligations. This transaction was executed in multiple trades at prices ranging from $95.3401 to $95.355. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. 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.