Kimberly-Clark (KMB) executive exercises RSUs and receives new 13,924-unit equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kimberly-Clark executive Jeffrey P. Melucci, Chief Business, Strategy & Administration Officer, reported routine equity compensation activity in company stock. He exercised restricted share units to acquire 6,050 shares of common stock and had 2,382 shares automatically surrendered to the issuer at $97.67 per share to cover tax withholding. He also received a grant of 13,924 restricted share units, payable on a 1-for-1 basis in common stock under the company’s equity plan, which vest over three years with 30% on each of the first two anniversaries and 40% on the third.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,050 shares exercised/converted
Mixed
7 txns
Insider
Melucci Jeffrey P.
Role
Chief Bus., Strat. & Admin.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 5/01/2024 (w/Dividends reinvested) | 3,004 | $0.00 | -- |
| Exercise | Restricted Share Units 5/01/2025 (w/dividends reinvested) | 3,046 | $0.00 | -- |
| Grant/Award | Restricted Share Units 5/1/2026 (w/dividends reinvested) | 13,924 | $0.00 | -- |
| Exercise | Common Stock | 3,046 | $0.00 | -- |
| Exercise | Common Stock | 3,004 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,183 | $97.67 | $116K |
| Tax Withholding | Common Stock | 1,199 | $97.67 | $117K |
Holdings After Transaction:
Restricted Share Units 5/01/2024 (w/Dividends reinvested) — 4,006 shares (Direct, null);
Restricted Share Units 5/01/2025 (w/dividends reinvested) — 7,109 shares (Direct, null);
Restricted Share Units 5/1/2026 (w/dividends reinvested) — 13,924 shares (Direct, null);
Common Stock — 63,795 shares (Direct, null)
Footnotes (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 automatic surrender of shares to the issuer upon vesting of restricted shares 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 exercises: 6,050 shares
Tax-withheld shares: 2,382 shares
Tax withholding price: $97.67/share
+2 more
5 metrics
RSU exercises
6,050 shares
Common stock acquired via derivative exercises on 2026-05-01
Tax-withheld shares
2,382 shares
Automatic surrender to issuer for tax withholding at $97.67/share
Tax withholding price
$97.67/share
Value used for automatic surrender of shares on 2026-05-01
New RSU grant
13,924 units
Restricted share units granted, payable 1-for-1 in common stock
RSU vesting pattern
30%/30%/40%
Vests over three years from the grant date
Key Terms
restricted share units, Equity Participation Plan, tax withholding obligations, vest, +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."
vest financial
"The restricted share units vest 30 percent on each of the first and second anniversaries of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
1-for-1 basis financial
"Restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation Equity Participation Plan."
FAQ
What insider transactions did Kimberly-Clark (KMB) report for Jeffrey P. Melucci?
Kimberly-Clark reported that Jeffrey P. Melucci exercised restricted share units into 6,050 common shares and had 2,382 shares automatically surrendered to the company to satisfy tax withholding obligations. He also received a new grant of 13,924 restricted share units under the equity participation plan.