Kimberly-Clark (KMB) executive gains shares via RSU vesting and grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abou-Oaf Ehab reported acquisition or exercise transactions in this Form 4 filing.
Kimberly-Clark executive Ehab Abou-Oaf, President of International Family Care & Professional, reported compensation-related share activity. Performance-based restricted share units vested into 1,631 shares of common stock, and he received a separate grant of 9,173 common shares. Following these awards, he directly holds 50,082 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,631 shares exercised/converted
Mixed
3 txns
Insider
Abou-Oaf Ehab
Role
Pres. Int'l Fam. Care & Prof.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units 4/26/2023 (w/dividends reinvested) | 1,631 | $0.00 | -- |
| Grant/Award | Common Stock | 9,173 | $0.00 | -- |
| Exercise | Common Stock | 1,631 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units 4/26/2023 (w/dividends reinvested) — 0 shares (Direct, null);
Common Stock — 50,082 shares (Direct, null)
Footnotes (1)
- Represents performance-based restricted share units that have vested and are paid out in shares of common stock and includes restricted share units which were accrued based on dividends paid on the Corporation's common stock. 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. 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
RSUs converted to shares: 1,631 shares
Share grant/award: 9,173 shares
Shares held after transactions: 50,082 shares
+2 more
5 metrics
RSUs converted to shares
1,631 shares
Performance-based restricted share units vested into common stock
Share grant/award
9,173 shares
Grant, award, or other acquisition of common stock
Shares held after transactions
50,082 shares
Direct common stock holdings following the award transaction
Derivative exercise transactions
1 transaction, 1,631 shares
Exercise or conversion of derivative security into common stock
Total acquire-type transactions
3 transactions
All reported actions were acquisitions, no sales or dispositions
Key Terms
performance-based restricted share units, restricted share units, Equity Participation Plan, dividends paid on the Corporation's common stock, +1 more
5 terms
Equity Participation Plan financial
"granted under the Kimberly-Clark Corporation Equity Participation Plan"
dividends paid on the Corporation's common stock financial
"Includes restricted share units which were accrued based on dividends paid on the Corporation's common stock"
vest financial
"The restricted share units vest 30 percent on each of the first and second anniversaries"
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.
FAQ
What insider transactions did Kimberly-Clark (KMB) executive Ehab Abou-Oaf report?
Ehab Abou-Oaf reported two acquisitions of Kimberly-Clark common stock. Vested performance-based restricted share units delivered 1,631 shares, and he received a separate grant of 9,173 common shares as an award, all recorded as directly owned compensation-related transactions.
Were Ehab Abou-Oaf’s Kimberly-Clark (KMB) transactions open-market buys or sells?
The transactions were not open-market buys or sells. They consist of a derivative exercise of restricted share units converting into 1,631 common shares and a 9,173-share grant or award, both recorded at a transaction price of $0.00 per share as equity compensation.