KIMBERLY CLARK CORP·4

Apr 28, 3:48 PM ET

Urdaneta Nelson 4

4 · KIMBERLY CLARK CORP · Filed Apr 28, 2026

Research Summary

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Kimberly‑Clark (KMB) CFO Nelson Urdaneta Receives RSUs, Surrenders Shares

What Happened

  • Nelson Urdaneta, CFO of Kimberly‑Clark Corporation, received equity from vested restricted share units and related conversions on April 26, 2026 (total acquired: 22,440 shares at $0 per share). To satisfy tax-withholding obligations, 8,831 shares were automatically surrendered to the company (reported as disposals) for a combined value of $864,113 (1,333 shares at $97.85 = $130,434; 7,498 shares at $97.85 = $733,679). A separate derivative conversion of 3,387 shares was also reported as part of the transactions.

Key Details

  • Transaction date: 2026-04-26; Filing date: 2026-04-28 (timely).
  • Acquisitions: 19,053 shares (grant/award) and 3,387 shares (exercise/conversion) — total 22,440 shares acquired at $0 (RSU vesting/conversion).
  • Withholding/surrenders: 1,333 shares and 7,498 shares surrendered at $97.85 to cover taxes (total $864,113).
  • Net shares retained from this event: approximately 13,609 shares (22,440 acquired − 8,831 surrendered).
  • Footnotes: awards include performance-based and time‑based restricted share units and include dividend accruals; some RSUs vest on a 30/30/40 schedule (see filing footnotes). The share surrenders represent automatic tax withholding (not open-market sales).
  • Shares owned after transaction: not specified in the excerpt provided.

Context

  • These transactions reflect RSU vesting and automatic share-withholding for taxes (a routine, administrative action). This is not an open-market sale indicating a change in investment view; rather, it’s common practice for companies to accept surrendered shares to satisfy an insider’s tax obligations on vested awards.

Insider Transaction Report

Form 4
Period: 2026-04-26
Urdaneta Nelson
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-26+19,05346,654 total
  • Exercise/Conversion

    Common Stock

    [F2][F3]
    2026-04-26+3,38750,041 total
  • Tax Payment

    Common Stock

    [F4]
    2026-04-26$97.85/sh1,333$130,43448,708 total
  • Tax Payment

    Common Stock

    [F5]
    2026-04-26$97.85/sh7,498$733,67941,210 total
  • Exercise/Conversion

    Restricted Share Units 4/26/2023 (w/dividends reinvested)

    [F3][F2][F6]
    2026-04-263,3870 total
    Common Stock (3,387 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 Nelson Urdaneta|2026-04-27

Documents

1 file
  • 4
    doc4.xmlPrimary