Form 4: Kimberly-Clark Executive Alison Lewis Reports Share Transactions
SEC Form 4 Filing
Alison Lewis, Chief Growth Officer at Kimberly-Clark, reports the vesting and payout of restricted share units and subsequent tax withholding.
Summary
- Alison Lewis, Chief Growth Officer of Kimberly-Clark Corp, reported transactions involving common stock and restricted share units on April 26, 2024.
- 1,387 restricted share units vested and were paid out in shares of common stock.
- An additional 547 shares were surrendered to cover tax withholding obligations related to the vesting of restricted share units at a price of $135.24 per share.
- Following these transactions, Lewis directly owns 18,361 shares of common stock and 3,239 restricted share units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 04/26/2023 | Date of restricted share units grant (with dividends reinvested). |
| 04/26/2024 | Date of transaction: vesting and payout of restricted share units, and tax withholding. |
| 04/29/2024 | Date of report signature. |
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