Kimberly-Clark (KMB) General Counsel nets shares after RSU vesting and tax surrender
Rhea-AI Filing Summary
Kimberly-Clark Corporation’s General Counsel and Secretary, Grant B. McGee, reported the vesting of restricted share units and related share transactions. On January 31, 2026, 3,529 restricted share units granted on May 1, 2024 converted into the same number of shares of common stock at an exercise price of $0.0000 per share. In connection with this vesting, 1,451 shares of common stock were automatically surrendered to the issuer at $99.99 per share to satisfy tax withholding obligations. After these transactions, McGee directly held 4,748 shares of Kimberly-Clark common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 5/01/2024 (2 year) | 3,529 | $0.00 | -- |
| Exercise | Common Stock | 3,529 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,451 | $99.99 | $145K |
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. Represents restricted share units that have vested and are paid out in shares of common stock.
FAQ
What insider transaction did KMB’s Grant B. McGee report on January 31, 2026?
What type of derivative security vested for the Kimberly-Clark (KMB) insider?
What does transaction code F mean in this Kimberly-Clark (KMB) Form 4?