Form 4: Kimberly-Clark Director Deeptha Khanna Reports Acquisition of Restricted Share Units

Director Deeptha Khanna reports the acquisition of 1,493 restricted share units in Kimberly-Clark Corporation on January 2, 2025, under the Outside Directors' Compensation Plan.

Summary

• On January 2, 2025, Deeptha Khanna, a director of Kimberly-Clark Corporation, acquired 1,493 restricted share units (RSUs) under the company's Outside Directors' Compensation Plan.
• These RSUs are payable on a 1-for-1 basis and accrue additional units based on dividends paid on Kimberly-Clark's common stock.
• The RSUs cannot be sold or transferred until Khanna ceases to be a member of the Board of Directors.
• Following the transaction, Khanna beneficially owns 3,557.5341 restricted share units, including those accrued from dividends.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The acquisition of restricted share units aligns the director's interests with those of the shareholders.
• The Outside Directors' Compensation Plan incentivizes directors through equity ownership.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies to ensure transparency and alignment of interests.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units to align director and shareholder interests.
• Companies like Procter & Gamble (PG) and Unilever (UL) also utilize equity-based compensation for their board members.
• The specific number of RSUs granted and the terms of vesting vary based on company size, performance, and compensation philosophy.

Stakeholder Impact

• The acquisition of restricted share units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates