Fenske Tamera 4

What Happened

• Tamera Fenske, Chief Supply Chain Officer at Kimberly‑Clark (KMB), had restricted share units (RSUs) vest on May 1, 2026. The filing shows 6,962 RSUs paid out as shares (grant/award code A). To satisfy tax withholding obligations, 2,435 shares were automatically surrendered (codes F) at $97.67/share for a total withholding of $237,826. That results in a net receipt of 4,527 shares.
• The filing also reports conversion/exercise entries (code M) related to derivative awards; the $0 exercise price indicates these were equity awards/RSU conversions rather than cash-paid option exercises.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 4, 2026 (appears timely).
• Award/vesting: 6,962 RSUs converted to common stock (code A, acquired at $0).
• Tax withholding: 2,435 shares surrendered (codes F) at $97.67/share, totaling $237,826.
• Net shares received: 6,962 − 2,435 = 4,527 shares.
• Ownership after transaction: Not specified in the filing.
• Relevant footnotes: F1–F3 indicate these were vested RSUs paid in shares and that the surrender of shares was automatic to satisfy tax withholding.

Context

• This is a routine RSU vesting and tax-withholding transaction, not an open‑market buy or sale by the insider. The automatic surrender of shares to cover taxes is common and does not necessarily signal a change in the insider’s view of the company. The $0 exercise price and the coding show these were equity award conversions rather than cashless market sales of previously owned stock.