Form 4: Kimberly-Clark Executive Katy Chen Reports Stock Transactions
SEC Form 4 Filing
Katy Chen, President of APAC at Kimberly-Clark, reports the vesting and payout of restricted share units and subsequent stock sales on April 26, 2024.
Summary
- On April 26, 2024, Katy Chen, President of APAC at Kimberly-Clark, reported transactions involving Kimberly-Clark common stock.
- Chen acquired 569 shares and 405 shares of common stock through the vesting of restricted share units.
- These restricted share units were initially granted on April 26, 2023, and April 26, 2022, respectively, with dividends reinvested.
- Following the vesting, Chen sold 189 shares at $135.24 and 265 shares at $135.24.
- After these transactions, Chen directly owns 520 shares of common stock and 1,328 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the company's outstanding shares.
- The filing provides transparency to stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 04/26/2022 | Grant date of restricted share units (w/dividends reinvested) |
| 04/26/2023 | Grant date of restricted share units (w/dividends reinvested) |
| 04/26/2024 | Date of transactions: vesting of restricted share units and sale of common stock |
| 04/30/2024 | Date of signature on the Form 4 filing |
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