Kimberly-Clark (NYSE: KMB) CEO reports RSU grants, vesting and tax share surrenders
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,548 shares exercised/converted
Mixed
6 txns
Insider
Hsu Michael D.
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 4/26/2023 (w/dividends reinvested) | 13,548 | $0.00 | -- |
| Grant/Award | Common Stock | 76,208 | $0.00 | -- |
| Exercise | Common Stock | 13,548 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,332 | $97.85 | $522K |
| Tax Withholding | Common Stock | 29,988 | $97.85 | $2.93M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units 4/26/2023 (w/dividends reinvested) — 0 shares (Direct, null);
Common Stock — 341,481 shares (Direct, null);
Common Stock — 21,991 shares (Indirect, By Trust)
Footnotes (1)
- 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. 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. 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. 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
RSU grant: 76,208 shares
RSUs exercised: 13,548 shares
Tax-withholding shares: 35,320 shares
+3 more
6 metrics
RSU grant
76,208 shares
Grant or award of common stock on April 26, 2026
RSUs exercised
13,548 shares
Restricted share units converted into common stock
Tax-withholding shares
35,320 shares
Shares surrendered to issuer for tax withholding
Withholding price
$97.85 per share
Value used for tax-withholding dispositions
Direct holdings after
355,029 shares
Direct common stock owned following transactions
Indirect holdings after
21,991 shares
Common stock held indirectly by trust
Key Terms
restricted share units, performance-based restricted share units, Equity Participation Plan, tax withholding obligations, +1 more
5 terms
Equity Participation Plan financial
"granted under the Kimberly-Clark Corporation Equity Participation Plan"
tax withholding obligations financial
"automatic surrender of shares to the issuer upon vesting ... to satisfy the reporting person's tax withholding obligations"
FAQ
What did Kimberly-Clark (KMB) CEO Michael Hsu report in this Form 4?
Michael Hsu reported equity compensation activity in Kimberly-Clark common stock, including a grant of 76,208 shares, exercise of 13,548 restricted share units, and automatic share surrenders to cover tax obligations tied to vesting of restricted and performance-based units.
How were the tax obligations handled for Kimberly-Clark (KMB) CEO’s vesting awards?
Tax obligations were satisfied through automatic surrender of shares to Kimberly-Clark. Specifically, 29,988 shares and 5,332 shares were surrendered at $97.85 per share to cover withholding on vesting of restricted and performance-based restricted share units, as described in the footnotes.