Form 4: Kimberly-Clark Executive Paula Ramos Reports Stock Transactions
SEC Form 4 Filing
Paula Ramos, Chief Strategy Officer of Kimberly-Clark, reports the vesting and payout of restricted share units and the surrender of shares for tax obligations.
Summary
- On April 26, 2024, Paula Ramos, Chief Strategy Officer of Kimberly-Clark, reported transactions involving the company's common stock.
- Ramos had 867 restricted share units vest, which were then paid out in shares of common stock.
- Additionally, 444 shares were surrendered to the issuer to cover tax withholding obligations related to the vesting of restricted share units at a price of $135.24 per share.
- Following these transactions, Ramos directly owns 1,218 shares of common stock and 2,024 restricted share units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
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 surrender of shares for tax obligations |
| 04/29/2024 | Date of signature on the Form 4 filing |
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