Carmichael John Patrick 4

What Happened

• John Carmichael (listed on the filing as Carmichael John Patrick), President, North America, was granted 12,286 restricted share units (RSUs) on May 1, 2026. The grant is reported as a derivative award (transaction code A) with a reported acquisition price of $0.00 (RSUs are not an immediate cash purchase).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (appears timely).
• Award: 12,286 restricted share units (RSUs); reported price $0.00 (grant of units, not an open‑market purchase).
• Vesting: 30% on each of the first and second anniversaries, 40% on the third anniversary of the grant (per filing footnote).
• Dividends: Additional RSUs accrue based on dividends paid on common stock (per filing footnote).
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• These RSUs are compensation awards under the Kimberly‑Clark Equity Participation Plan, not an open‑market buy or sale. Such grants are routine executive compensation and do not by themselves indicate the insider bought or sold shares. The units vest over three years and may convert to shares (or be settled) according to plan terms.