KMB executive reports RSU grant and tax withholding

Rhea-AI Filing Summary

Kimberly-Clark (KMB) Chief Supply Chain Officer Tamera Fenske reported routine equity compensation activity and related tax withholding. On May 1, 2026, she received 6,962 restricted share units, payable on a 1-for-1 basis in common stock, under the company’s Equity Participation Plan. The filing also shows several conversions of previously granted restricted share units into common stock and the automatic surrender of 2,435 shares back to the issuer to satisfy tax withholding obligations at an indicated value of $97.67 per share. These F-code dispositions are not open-market sales and reflect tax payments tied to vesting, rather than discretionary trading in Kimberly-Clark stock.

Insider Trade Summary

Net Buyer: 3,027 shares

Net Buy 10 txns

Insider Fenske Tamera

Role Chief Supply Chain Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units 5/01/2024 (2-3 year)	2,582	$0.00	$0.00
Exercise	Restricted Share Units 5/01/2024 (w/Dividends reinvested)	1,430	$0.00	$0.00
Exercise	Restricted Share Units 5/01/2025 (w/dividends reinvested)	1,450	$0.00	$0.00
Grant/Award	Restricted Share Units 5/1/2026 (w/dividends reinvested)	6,962	$0.00	$0.00
Exercise	Common Stock	2,582	$0.00	$0.00
Exercise	Common Stock	1,450	$0.00	$0.00
Exercise	Common Stock	1,430	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	637	$97.67	$62K
Exercise Price or Tax Liability	Common Stock	647	$97.67	$63K
Exercise Price or Tax Liability	Common Stock	1,151	$97.67	$112K

Holdings After Transaction: Restricted Share Units 5/01/2024 (2-3 year) — 2,583 shares (Direct); Restricted Share Units 5/01/2024 (w/Dividends reinvested) — 1,908 shares (Direct); Restricted Share Units 5/01/2025 (w/dividends reinvested) — 3,385 shares (Direct); Restricted Share Units 5/1/2026 (w/dividends reinvested) — 6,962 shares (Direct); Common Stock — 29,782 shares (Direct)

Footnotes (5)

1. F1. 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. F2. 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. F3. 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.
4. F4. The restricted share units vest in 1/2 increments on each of the second and third anniversaries of the grant date.
5. F5. 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: 6,962 units Tax withholding shares: 2,435 shares Indicated share value: $97.67 per share +1 more

4 metrics

RSU grant 6,962 units Restricted share units granted on May 1, 2026

Tax withholding shares 2,435 shares Shares surrendered to cover tax obligations on May 1, 2026

Indicated share value $97.67 per share Value used for F-code tax-withholding dispositions

Derivative exercises 5,462 shares Shares from M-code exercises/conversions of restricted share units

Key Terms

restricted share units, Equity Participation Plan, tax withholding obligations, derivative security, +1 more

5 terms

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."

tax withholding obligations financial

"Automatic surrender of shares to the issuer upon vesting ... to satisfy the reporting person's tax withholding obligations."

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) executive Tamera Fenske report in this Form 4?

Tamera Fenske reported equity compensation activity, including new restricted share units and related tax withholding. She received 6,962 restricted share units and surrendered 2,435 common shares to cover tax obligations tied to vesting, rather than executing open-market stock trades.

Were there any open-market stock purchases or sales in the KMB Form 4?

No open-market purchases or sales are reported. The filing shows automatic F-code dispositions of 2,435 shares at $97.67 per share to satisfy tax withholding, and M-code conversions of restricted share units into common stock, all linked to compensation vesting events.

How many Kimberly-Clark (KMB) restricted share units did Tamera Fenske receive?

She received 6,962 restricted share units payable on a 1-for-1 basis in Kimberly-Clark common stock. These units were granted under the company’s Equity Participation Plan, with additional units accrued over time based on dividends paid on the common stock.

What does the tax withholding in this KMB Form 4 represent?

The tax withholding represents an automatic surrender of 2,435 Kimberly-Clark shares back to the issuer. This occurs when restricted share units vest, and shares are withheld to satisfy the executive’s tax obligations instead of the executive selling shares in the open market.

How many Kimberly-Clark (KMB) shares were tied to derivative exercises in this filing?

The filing reports exercises or conversions of derivative securities covering 5,462 shares of Kimberly-Clark common stock. These M-code transactions reflect restricted share units being settled into common shares as they vest, rather than new open-market purchases of the stock.

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Accepted by SEC EDGAR 05/04/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Fenske Tamera

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Supply Chain Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		M		2,582(1)	A	$0.0000(2)	29,337	D
Common Stock	05/01/2026		M		1,450(1)	A	$0.0000(2)	30,787	D
Common Stock	05/01/2026		M		1,430(1)	A	$0.0000(2)	32,217	D
Common Stock	05/01/2026		F(3)		637	D	$97.67	31,580	D
Common Stock	05/01/2026		F(3)		647	D	$97.67	30,933	D
Common Stock	05/01/2026		F(3)		1,151	D	$97.67	29,782	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units 5/01/2024 (2-3 year)	(2)	05/01/2026		M			2,582(1)	(4)	(4)	Common Stock	2,582	$0.0000(2)	2,583	D
Restricted Share Units 5/01/2024 (w/Dividends reinvested)	(2)	05/01/2026		M			1,430(1)	(5)	(5)	Common Stock	1,430	$0.0000(2)	1,908	D
Restricted Share Units 5/01/2025 (w/dividends reinvested)	(2)	05/01/2026		M			1,450(1)	(5)	(5)	Common Stock	1,450	$0.0000(2)	3,385	D
Restricted Share Units 5/1/2026 (w/dividends reinvested)	(2)	05/01/2026		A		6,962		(5)	(5)	Common Stock	6,962	$0.0000(2)	6,962	D

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 automatic surrender of shares to the issuer upon vesting of restricted shares units to satisfy the reporting person's tax withholding obligations.

4. The restricted share units vest in 1/2 increments on each of the second and third anniversaries of the grant date.

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 Tamera Fenske	05/04/2026
	** Signature of Reporting Person	Date
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)