Form 4: Kimberly-Clark CFO Nelson Urdaneta Reports Share Transactions
SEC Form 4 Filing
Chief Financial Officer of Kimberly-Clark, Nelson Urdaneta, reports the vesting and payout of restricted share units and subsequent tax withholding.
Summary
- On May 1, 2025, Nelson Urdaneta, the Chief Financial Officer of Kimberly-Clark Corporation, reported transactions involving Kimberly-Clark common stock and restricted share units.
- Urdaneta had 3,188 restricted share units vest, which were then paid out in shares of common stock.
- Additionally, 1,255 shares were surrendered to cover tax withholding obligations related to the vesting of these restricted share units at a price of $129.87 per share.
- Following these transactions, Urdaneta directly owns 27,601 shares of common stock and 10,780 restricted share units.
- These restricted share units vest over three years: 30% on each of the first and second anniversaries of the grant date, and the remaining 40% on the third anniversary.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing routine stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is standard practice when corporate insiders, like the CFO, transact in their company's stock. It provides transparency to the market regarding insider activity.
Comparison to Industry Standards
- Form 4 filings are a standard regulatory requirement for corporate insiders in publicly traded companies, ensuring transparency in their trading activities.
- Similar filings are made by executives at comparable companies like Procter & Gamble (PG) and Colgate-Palmolive (CL) when they engage in transactions involving their company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions have a minimal impact on the overall market capitalization of Kimberly-Clark.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of Restricted Share Units (w/Dividends reinvested) |
| 05/01/2025 | Date of Earliest Transaction: Vesting of restricted share units and tax withholding. |
| 05/01/2025 | Date of Restricted Share Units (w/dividends reinvested) |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Kimberly-Clark, Urdaneta, restricted share units, Form 4, KMB, insider trading, beneficial ownership, CFO, stock, vesting
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