Kimberly-Clark CEO updates equity holdings
Kimberly-Clark CEO Michael D. Hsu reported multiple equity compensation events involving the company’s common stock.
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Rhea-AI Filing Summary
Kimberly-Clark CEO Michael D. Hsu reported multiple equity compensation events involving the company’s common stock. On April 26, 2026, he received 76,208 shares as a grant or award and exercised 13,548 previously granted restricted share units into common stock.
To cover tax obligations upon vesting of restricted and performance-based restricted share units, a total of 35,320 shares were automatically surrendered to the issuer at $97.85 per share, recorded as tax-withholding dispositions rather than open-market sales. Following these transactions, Hsu held 355,029 shares directly and 21,991 shares indirectly through a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 4/26/2023 (w/dividends reinvested) | 13,548 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 76,208 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,548 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,332 | $97.85 | $522K |
| Exercise Price or Tax Liability | Common Stock | 29,988 | $97.85 | $2.93M |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. Represents performance-based restricted share units that have vested and are paid out in shares of common stock and includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted share units to satisfy the reporting person's tax withholding obligations.
- F6. 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
Key Terms
Equity Participation Plan financial
tax withholding obligations financial
FAQ
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What did Kimberly-Clark (KMB) CEO Michael Hsu report in this Form 4?
How were the tax obligations handled for Kimberly-Clark (KMB) CEO’s vesting awards?
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