Torres Russell 4

4 · KIMBERLY CLARK CORP · Filed Apr 28, 2026

AI-generated summary of this filing

Updated Apr 28, 2026

Kimberly‑Clark (KMB) COO Russell Torres Receives Award, Covers Taxes

What Happened

Russell Torres, President and Chief Operating Officer of Kimberly‑Clark Corporation, received a grant/award of 21,169 restricted share units and had 3,763 derivative units converted on April 26, 2026. Several share surrenders were reported to cover tax withholding: 1,481 shares and 8,331 shares were surrendered at $97.85 each, totaling $960,104. The awards and conversions were recorded at $0 acquisition price (typical for vested RSUs).

Key Details

Transaction date: April 26, 2026; Form 4 filed April 28, 2026 (timely).
Awards/Conversions: 21,169 shares (grant/award) @ $0.00; 3,763 derivative shares converted @ $0.00.
Tax withholding (surrenders): 1,481 shares @ $97.85 = $144,916; 8,331 shares @ $97.85 = $815,188; combined = $960,104.
Footnotes indicate these were restricted share units (RSUs) and performance-based RSUs that vested and were paid in shares; some shares were automatically surrendered to the issuer to satisfy tax withholding obligations (cashless withholding).
Shares owned after the transaction: not specified in the filing.

Context

This appears to be a routine compensation event: RSUs vested and were paid out in shares, with a portion automatically surrendered to cover taxes (not an open‑market sale). Such automatic surrenders are common and do not necessarily signal the insider’s view of the company’s prospects.

Form 4

Period: 2026-04-26

President and COO

Transactions

Award
Common Stock
[F1]
2026-04-26+21,169→ 87,915 total
Exercise/Conversion
Common Stock
[F2][F3]
2026-04-26+3,763→ 91,678 total
Tax Payment
Common Stock
[F4]
2026-04-26$97.85/sh−1,481$144,916→ 90,197 total
Tax Payment
Common Stock
[F5]
2026-04-26$97.85/sh−8,331$815,188→ 81,866 total
Exercise/Conversion
Restricted Share Units 4/26/2023 (w/dividends reinvested)
[F3][F2][F6]
2026-04-26−3,763→ 0 total
→ Common Stock (3,763 underlying)

Footnotes (6)

[F1]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.
[F2]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.
[F3]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.
[F4]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.
[F5]This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted share units to satisfy the reporting person's tax withholding obligations.
[F6]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.

Signature

Jeffrey S. McFall as attorney-in-fact for Russell Torres|2026-04-27

1 file