Panayiotou Stacey J. 4
Research Summary
AI-generated summary
Kimberly‑Clark (KMB) CHRO Stacey Panayiotou Receives Award
What Happened
Stacey Panayiotou, Chief Human Resources Officer of Kimberly‑Clark Corporation, was granted 5,119 restricted share units (reported as a derivative award) on May 1, 2026. The Form 4 shows an acquisition at $0.00 because these are RSUs (not a cash purchase). The award was granted under the company's Equity Participation Plan and will convert to common shares if and when the RSUs vest.
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (filing appears timely).
- Reported amount: 5,119 restricted share units (derivative award), reported acquisition price $0.00.
- Vesting: 30% vest on each of the first and second anniversaries of the grant date; remaining 40% vest on the third anniversary (i.e., 30% on ~2027-05-01, 30% on ~2028-05-01, 40% on ~2029-05-01).
- Dividend accrual: Additional RSUs will be accrued based on dividends paid on the common stock (per footnote).
- Shares owned after the transaction: Not specified in the filing.
Context
This was a compensation grant (RSUs), not an open‑market purchase or sale. RSUs typically convert into shares upon vesting and may be subject to withholding or other plan terms; they do not necessarily signal a buy/sell decision by the insider.