Kimberly-Clark (KMB) executive logs RSU grant, vesting and tax share surrenders
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kimberly-Clark executive Jeffrey P. Melucci reported compensation-related stock activity involving restricted share units and tax withholding. On April 26, 2026, performance-based and time-based restricted share units vested and were paid out in common stock on a 1-for-1 basis. As part of this vesting, a total of 7,196 common shares were automatically surrendered to Kimberly-Clark at $97.85 per share to cover tax withholding obligations, rather than being sold on the open market. Melucci also received a new grant of 15,525 restricted share units under the company’s Equity Participation Plan, which vest in tranches over three years and accrue additional units based on dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,759 shares exercised/converted
Mixed
5 txns
Insider
Melucci Jeffrey P.
Role
Chief Bus., Strat. & Admin.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 4/26/2023 (w/dividends reinvested) | 2,759 | $0.00 | -- |
| Grant/Award | Common Stock | 15,525 | $0.00 | -- |
| Exercise | Common Stock | 2,759 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,086 | $97.85 | $106K |
| Tax Withholding | Common Stock | 6,110 | $97.85 | $598K |
Holdings After Transaction:
Restricted Share Units 4/26/2023 (w/dividends reinvested) — 0 shares (Direct, null);
Common Stock — 65,186 shares (Direct, null)
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
Tax-withholding shares: 7,196 shares
Tax-withholding price: $97.85 per share
New RSU grant: 15,525 units
+3 more
6 metrics
Tax-withholding shares
7,196 shares
Common stock automatically surrendered for tax obligations at $97.85
Tax-withholding price
$97.85 per share
Value used for automatic surrender of 7,196 shares
New RSU grant
15,525 units
Restricted share units granted under Equity Participation Plan
RSUs converted
2,759 units
Restricted share units vested and converted into common stock
Tax-withholding transactions
2 transactions
Code F dispositions to satisfy tax liabilities
Derivative exercises
1 transaction
Code M exercise of RSUs into common stock
Key Terms
performance-based restricted share units, restricted share units, Equity Participation Plan, tax withholding obligations, +1 more
5 terms
Equity Participation Plan financial
"Restricted share units payable on a 1-for-1 basis, 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"
dividends reinvested financial
"includes restricted share units which were accrued based on dividends paid on the Corporation's common stock"
FAQ
What insider transactions did KMB executive Jeffrey Melucci report on April 26, 2026?
Jeffrey P. Melucci reported vesting of restricted share units into Kimberly-Clark common stock and a new restricted share unit grant. The filing also shows automatic share surrenders back to the company to satisfy tax withholding obligations at $97.85 per share, not open-market sales.
What new equity award did Kimberly-Clark grant to Jeffrey Melucci in this filing?
Kimberly-Clark granted Jeffrey Melucci 15,525 restricted share units with a zero dollar grant price. These RSUs were issued under the Equity Participation Plan and are scheduled to vest 30% in each of the first two years and 40% in the third year after grant.
What happened to Jeffrey Melucci’s performance-based RSUs at Kimberly-Clark (KMB)?
Performance-based restricted share units vested and were paid out in Kimberly-Clark common stock on a 1-for-1 basis. The Form 4 notes additional units had accrued from dividends, and some resulting shares were automatically surrendered to the issuer to satisfy tax withholding obligations.
Were there any open-market buys or sells by Kimberly-Clark executive Jeffrey Melucci?
The reported transactions are vesting-related grants, conversions, and tax-withholding dispositions, not open-market trades. Code F entries represent automatic surrenders of shares back to Kimberly-Clark to pay tax liabilities, while code A and M reflect awards and derivative exercises.