KMB CEO exercises RSUs, covers tax with shares
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 Trade Summary
Net Buyer: 13,107 shares
Net Buy
8 txns
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 | $0.00 |
| Exercise | Restricted Share Units 5/01/2025 (w/dividends reinvested) | 11,122 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Units 5/1/2026 (w/dividends reinvested) | 49,145 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,122 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,490 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,128 | $97.67 | $403K |
| Exercise Price or Tax Liability | 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);
Restricted Share Units 5/01/2025 (w/dividends reinvested) — 25,953 shares (Direct);
Restricted Share Units 5/1/2026 (w/dividends reinvested) — 49,145 shares (Direct);
Common Stock — 332,816 shares (Direct);
Common Stock — 21,991 shares (Indirect, By Trust)
Footnotes (4)
- 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.
- 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.
- 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.
- F4. 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
Derivative exercises: 21,612 shares
Tax-withholding shares: 8,505 shares
Tax-withholding price: $97.67 per share
+5 more
8 metrics
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
Key Terms
Restricted share units, Equity Participation Plan, tax withholding obligations, derivative security, +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."
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 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
