Form 4: Kimberly-Clark Chief Growth Officer Reports Vesting of Restricted Share Units

Kimberly-Clark's Chief Growth Officer, Patricia Corsi, reported the vesting of 921 restricted share units and the subsequent sale of 385 shares to cover tax obligations.

Summary

• Patricia Corsi, Chief Growth Officer of Kimberly-Clark Corp (KMB), reported transactions on July 31, 2025.
• 921 restricted share units (RSUs) vested and were converted into common stock. These RSUs were granted under the Kimberly-Clark Corporation Equity Participation Plan and included units accrued from dividends.
• Concurrently, 385 shares of common stock were automatically surrendered to the issuer at a price of $124.62 per share to satisfy tax withholding obligations related to the vesting.
• Following these transactions, Patricia Corsi directly beneficially owns 536 shares of common stock and 2,150 restricted share units.
• The restricted share units vest over three years: 30% on the first anniversary, 30% on the second, and 40% on the third anniversary of the grant date.

Sentiment

Score: 6

Explanation: The filing reports the expected vesting of executive equity compensation, which is a positive for the individual executive as it represents earned compensation. For the company, it's a neutral, routine event related to its compensation structure.

Positives

• Vesting of restricted share units indicates the fulfillment of long-term incentive compensation for the Chief Growth Officer.
• The acquisition of 921 common shares at a $0.00 price reflects the conversion of previously granted equity awards, increasing direct ownership.

Negatives

• The disposition of 385 shares to cover tax withholding obligations reduces the net number of shares received from the vesting event.

Industry Context

This filing is a routine disclosure of insider stock transactions, specifically the vesting of equity compensation for a senior executive. Such transactions are common across all industries as part of executive compensation packages and do not reflect broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The vesting and subsequent tax-related sale of shares by an executive is a routine event and has minimal direct impact on the broader shareholder base. It reflects the ongoing operation of the company's executive compensation plan.
• Employees: The equity compensation plan demonstrates the company's approach to incentivizing its senior leadership, which can indirectly influence employee morale and retention strategies.

Next Steps

• Future vesting events for the remaining 2,150 restricted share units will occur according to the established vesting schedule (30% on first anniversary, 30% on second, 40% on third anniversary of grant date).

Key Dates

Keywords

Kimberly-Clark, KMB, Patricia Corsi, Chief Growth Officer, SEC Form 4, Insider Trading, Restricted Share Units, RSU Vesting, Equity Compensation, Stock Ownership, Corporate Governance