4/A: Kimberly-Clark Executive Reports Changes in Beneficial Ownership After Amended Filing
SEC Filing
Robert Edward Long, Chief R&D Officer at Kimberly-Clark, amended a previous filing to disclose additional transactions involving common stock and performance-based restricted share units on April 29, 2024.
Summary
- Robert Edward Long, Chief R&D Officer of Kimberly-Clark, filed an amendment to a Form 4, originally filed on April 30, 2024, to report changes in beneficial ownership.
- The amended filing includes transactions from April 29, 2024, involving Kimberly-Clark common stock.
- Long acquired 8,763 shares of common stock at $0.00, representing performance-based restricted share units that vested and were paid out in shares of common stock, including accrued restricted share units based on dividends.
- Long also disposed of 3,930 shares at $135.93 to satisfy tax withholding obligations upon vesting of performance-based restricted share units.
- Following these transactions, Long beneficially owns 7,536 shares of Kimberly-Clark common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock ownership changes.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of the transactions involving common stock and restricted share units. |
| 04/30/2024 | Date of the original Form 4 filing. |
| 05/01/2024 | Date of the amended filing. |
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