STOCK TITAN

Kimberly-Clark (KMB) executive exercises RSUs and sells shares to cover taxes

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

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 Chen Katy
Role President, Int'l Personal Care
Sold 1,596 shs ($152K)
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 --
Holdings After Transaction: Common Stock — 8,362 shares (Direct, null); Restricted Share Units 5/01/2024 (w/Dividends reinvested) — 2,289 shares (Direct, null); Restricted Share Units 5/01/2025 (w/dividends reinvested) — 4,063 shares (Direct, null); Restricted Share Units 5/1/2026 (w/dividends reinvested) — 8,191 shares (Direct, null)
Footnotes (1)
  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.
Shares sold for taxes 1,596 shares Common stock sale to satisfy tax withholding obligations
Sale price $95.341 per share Weighted average price for 1,596 shares sold on May 4, 2026
Shares after sale 8,362 shares Direct common stock holdings following May 4, 2026 sale
RSUs exercised 3,456 units Restricted share units converted into common stock on May 1, 2026
New RSU grant 8,191 units Restricted share units granted under Equity Participation Plan
RSU conversion price $0.00 per unit Exercise or conversion price for RSUs converted into common stock
restricted share units financial
"Represents restricted share units that have vested and are paid out in shares of common stock."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Equity Participation Plan financial
"granted under the Kimberly-Clark Corporation Equity Participation Plan."
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
tax withholding obligations financial
"This transaction represents the sale of shares to satisfy the reporting person's tax withholding obligations."
1-for-1 basis financial
"Restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation Equity Participation Plan."
SEC Form 4
FORM 4UNITED 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chen Katy

(Last)(First)(Middle)
P.O. BOX 619100

(Street)
DALLAS TEXAS 75261-9100

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
KIMBERLY CLARK CORP [ KMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Int'l Personal Care
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026M1,740(1)A$0.0000(2)8,242D
Common Stock05/01/2026M1,716(1)A$0.0000(2)9,958D
Common Stock05/04/2026S(3)1,596D$95.341(4)8,362D
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 (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)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 (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units 5/01/2024 (w/Dividends reinvested)(2)05/01/2026M1,716(1) (5) (5)Common Stock1,716$0.0000(2)2,289D
Restricted Share Units 5/01/2025 (w/dividends reinvested)(2)05/01/2026M1,740(1) (5) (5)Common Stock1,740$0.0000(2)4,063D
Restricted Share Units 5/1/2026 (w/dividends reinvested)(2)05/01/2026A8,191 (5) (5)Common Stock8,191$0.0000(2)8,191D
Explanation of Responses:
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.
2. 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.
3. This transaction represents the sale of shares to satisfy the reporting person's tax withholding obligations.
4. 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.
5. 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.
Jeffrey S. McFall as attorney-in-fact for Katy Chen05/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Katy Chen report at Kimberly-Clark (KMB)?

Katy Chen reported exercising 3,456 previously granted restricted share units into common stock, receiving a new grant of 8,191 restricted share units, and selling 1,596 shares. The sale was disclosed as being made solely to cover tax withholding obligations, rather than a discretionary open-market trade.

How many Kimberly-Clark (KMB) shares did Katy Chen sell and at what price?

She sold 1,596 shares of Kimberly-Clark common stock at a weighted average price of $95.341 per share. A footnote explains this sale was executed to satisfy her tax withholding obligations, indicating it was a mechanical tax-related disposition instead of a discretionary investment decision.

What new equity award did Katy Chen receive from Kimberly-Clark (KMB)?

Chen received 8,191 restricted share units payable on a 1-for-1 basis in Kimberly-Clark common stock under the company’s Equity Participation Plan. Additional restricted share units may accrue over time based on dividends paid on the corporation’s common stock, as described in the filing footnotes.

How many Kimberly-Clark (KMB) shares does Katy Chen hold after these transactions?

After the reported transactions, Chen directly holds 8,362 shares of Kimberly-Clark common stock. This figure reflects exercises of vested restricted share units and the subsequent tax-related sale, giving investors context for her remaining direct ownership position in the company’s stock.

Were Katy Chen’s Kimberly-Clark (KMB) share sales part of a tax withholding event?

Yes. A filing footnote states the 1,596 shares sold represent a transaction executed to satisfy the reporting person’s tax withholding obligations. This characterizes the sale as a tax-related event, not a discretionary open-market decision about Kimberly-Clark’s future share price.

How do dividends affect Katy Chen’s restricted share units at Kimberly-Clark (KMB)?

The restricted share units include additional units accrued based on dividends paid on Kimberly-Clark’s common stock. This means when the company pays dividends, Chen’s restricted share unit balance can increase, enhancing the long-term value of these awards if the company continues paying dividends.