STOCK TITAN

Kimberly-Clark (NYSE: KMB) CEO gets RSU grant, exercises awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kimberly-Clark CEO Michael D. Hsu reported compensation-related equity activity involving common stock and restricted share units. On May 1, 2026, he exercised derivative awards for 21,612 shares of common stock and had 8,505 shares automatically surrendered to the company at $97.67 per share to satisfy tax withholding obligations, rather than selling shares on the open market.

He also received a new grant of 49,145 restricted share units, payable on a one-for-one basis in common stock, with additional units accruing based on dividends. Following these transactions, he directly holds over 330,000 common shares and has additional indirect ownership of 21,991 shares through a trust.

Positive

  • None.

Negative

  • None.
Insider Hsu Michael D.
Role Chairman of the Board and CEO
Type Security Shares Price Value
Exercise Restricted Share Units 5/01/2024 (w/Dividends reinvested) 10,490 $0.00 --
Exercise Restricted Share Units 5/01/2025 (w/dividends reinvested) 11,122 $0.00 --
Grant/Award Restricted Share Units 5/1/2026 (w/dividends reinvested) 49,145 $0.00 --
Exercise Common Stock 11,122 $0.00 --
Exercise Common Stock 10,490 $0.00 --
Tax Withholding Common Stock 4,128 $97.67 $403K
Tax Withholding Common Stock 4,377 $97.67 $428K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Share Units 5/01/2024 (w/Dividends reinvested) — 13,988 shares (Direct, null); Restricted Share Units 5/01/2025 (w/dividends reinvested) — 25,953 shares (Direct, null); Restricted Share Units 5/1/2026 (w/dividends reinvested) — 49,145 shares (Direct, null); Common Stock — 330,831 shares (Direct, null); Common Stock — 21,991 shares (Indirect, By Trust)
Footnotes (1)
  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.
Derivative exercises 21,612 shares Common stock acquired via derivative exercises on May 1, 2026
Tax-withholding shares 8,505 shares Shares surrendered at $97.67 to cover tax obligations
Tax-withholding price $97.67 per share Price used for automatic surrender to issuer
New RSU grant 49,145 units Restricted share units granted, payable 1-for-1 in common stock
Direct holdings after transaction 341,321 shares One reported post-transaction common stock balance
Indirect trust holdings 21,991 shares Common stock held indirectly by trust
RSUs remaining 5/01/2025 grant 25,953 units Restricted share units after partial exercise/conversion
RSUs remaining 5/01/2024 grant 13,988 units Restricted share units after partial exercise/conversion
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"
SEC Form 4
FORM 4UNITED 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*
Hsu Michael D.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman of the Board and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026M11,122(1)A$0.0000(2)330,831D
Common Stock05/01/2026M10,490(1)A$0.0000(2)341,321D
Common Stock05/01/2026F(3)4,128D$97.67337,193D
Common Stock05/01/2026F(3)4,377D$97.67332,816D
Common Stock21,991IBy Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units 5/01/2024 (w/Dividends reinvested)(2)05/01/2026M10,490(1) (4) (4)Common Stock10,490$0.0000(2)13,988D
Restricted Share Units 5/01/2025 (w/dividends reinvested)(2)05/01/2026M11,122(1) (4) (4)Common Stock11,122$0.0000(2)25,953D
Restricted Share Units 5/1/2026 (w/dividends reinvested)(2)05/01/2026A49,145 (4) (4)Common Stock49,145$0.0000(2)49,145D
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 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.
/s/ Jeffrey S. McFall as attorney-in-fact for Michael D. Hsu05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What equity transactions did KMB CEO Michael Hsu report on May 1, 2026?

Michael Hsu reported exercising derivative awards for 21,612 Kimberly-Clark common shares and surrendering 8,505 shares at $97.67 each to cover tax obligations. These were compensation-related events, not open-market purchases or sales.

Did Kimberly-Clark (KMB) CEO sell shares on the open market in this Form 4?

The Form 4 shows no open-market sales. Instead, 8,505 shares were automatically surrendered to Kimberly-Clark at $97.67 per share to satisfy tax withholding obligations related to vesting and exercises of restricted share units.

How many new restricted share units did KMB grant to its CEO?

Kimberly-Clark granted Michael Hsu 49,145 restricted share units, payable on a one-for-one basis in common stock. Additional units can accrue based on dividends paid on the company’s common stock, aligning compensation with shareholder returns.

What are Michael Hsu’s reported common stock holdings after these transactions?

After the May 1, 2026 transactions, Michael Hsu directly holds more than 330,000 Kimberly-Clark common shares. He also has indirect ownership of 21,991 additional shares held through a trust, according to the Form 4 disclosure.

How do tax-withholding dispositions work in the Kimberly-Clark Form 4 for KMB?

Tax-withholding dispositions occur when shares are automatically surrendered to the issuer at vesting to cover income tax obligations. In this filing, 8,505 KMB shares were surrendered at $97.67 each to satisfy Michael Hsu’s tax withholding liabilities on vested restricted share units.

What vesting schedule applies to the Kimberly-Clark restricted share units?

The restricted share units vest 30 percent on each of the first and second anniversaries of the grant date and 40 percent on the third anniversary. This multi-year schedule is designed to retain executives and align incentives with long-term company performance.