Urdaneta Nelson 4

4 · KIMBERLY CLARK CORP · Filed May 4, 2026

AI-generated summary of this filing

Updated May 4, 2026

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

What Happened

Nelson Urdaneta, Chief Financial Officer of Kimberly‑Clark (KMB), had restricted share units/derivatives convert into common stock and received a grant payout on May 1, 2026. The filing shows conversion/exercise entries for 3,384 and 3,337 share lots (derivative conversions at $0.00) and a grant/award of 14,334 shares.
To satisfy tax withholding, 1,314 and 1,332 shares were automatically surrendered at $97.67 per share (total withholding value reported: $128,338 and $130,096; combined = $258,434). These were recorded as "Payment of exercise price or tax liability."

Key Details

Transaction date: May 1, 2026; Form 4 filed May 4, 2026.
Conversion/Exercise price(s): $0.00 for the derivative conversions (code M). Tax-withholding surrender price: $97.67 per share (code F).
Shares surrendered for tax withholding: 1,314 + 1,332 = 2,646 shares; withholding value = $258,434.
Shares awarded/received: 14,334 shares (grant/award, code A); plus conversion entries of 3,384 and 3,337 shares (derivative conversions).
Shares owned after the transactions: not specified in the provided filing details.
Relevant footnotes: F1/F2 indicate these are restricted share units paid in common stock (including accrued dividend-based RSUs); F3 confirms automatic surrender of shares to satisfy tax withholding; F4 describes standard RSU vesting schedule (30% / 30% / 40% over three years).
Filing timeliness: Form filed May 4, 2026 reporting May 1 transactions (timing noted; no late-filing flag provided).

Context

These transactions reflect RSU vesting/conversion and automatic share withholding for taxes rather than an open‑market sale. Code M indicates conversion/exercise of derivative awards; code F denotes shares surrendered to cover tax obligations—common practice and not necessarily a signal of personal trading intent.
For retail investors, award vesting and share-surrender withholding are routine equity‑compensation events. They differ from purchases (more bullish signal) or voluntary sales (which can reflect liquidity or sentiment).

Form 4

Period: 2026-05-01

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-05-01+3,384→ 44,594 total
Exercise/Conversion
Common Stock
[F1][F2]
2026-05-01+3,337→ 47,931 total
Tax Payment
Common Stock
[F3]
2026-05-01$97.67/sh−1,314$128,338→ 46,617 total
Tax Payment
Common Stock
[F3]
2026-05-01$97.67/sh−1,332$130,096→ 45,285 total
Exercise/Conversion
Restricted Share Units 5/01/2024 (w/Dividends reinvested)
[F2][F1][F4]
2026-05-01−3,337→ 4,451 total
→ Common Stock (3,337 underlying)
Exercise/Conversion
Restricted Share Units 5/01/2025 (w/dividends reinvested)
[F2][F1][F4]
2026-05-01−3,384→ 7,899 total
→ Common Stock (3,384 underlying)
Award
Restricted Share Units 5/1/2026 (w/dividends reinvested)
[F2][F4]
2026-05-01+14,334→ 14,334 total
→ Common Stock (14,334 underlying)

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.

Signature

Jeffrey S. McFall as attorney-in-fact for Nelson Urdaneta|2026-05-04

1 file