Kimberly-Clark VP exercises RSUs, covers taxes
Kimberly-Clark Corporation officer Andrew Scribner, Controller and VP & FP&A, reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Kimberly-Clark Corporation officer Andrew Scribner, Controller and VP & FP&A, reported routine equity compensation activity. He received a grant of 2,816 restricted share units that pay out in Kimberly-Clark common stock on a 1-for-1 basis, with additional units accruing from dividends.
On the same date, previously granted restricted share units from 2024 and 2025 vested and were converted into 1,320 shares of common stock. Of these, 322 shares were automatically surrendered back to the company at $97.67 per share to satisfy tax withholding obligations, rather than being sold on the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 5/01/2024 (w/Dividends reinvested) | 655 | $0.00 | $0.00 |
| Exercise | Restricted Share Units 5/01/2025 (w/dividends reinvested) | 665 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Units 5/1/2026 (w/dividends reinvested) | 2,816 | $0.00 | $0.00 |
| Exercise | Common Stock | 665 | $0.00 | $0.00 |
| Exercise | Common Stock | 655 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 160 | $97.67 | $16K |
| Exercise Price or Tax Liability | Common Stock | 162 | $97.67 | $16K |
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
Key Terms
Equity Participation Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kimberly-Clark (KMB) officer Andrew Scribner report in this Form 4?
Are these Kimberly-Clark (KMB) Form 4 transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.