Form 4: Kimberly-Clark Executive Reports Stock Transactions
SEC Form 4 Filing
Robert Edward Long, Chief R&D Officer of Kimberly-Clark, reports the vesting and payout of restricted share units and the surrender of shares for tax obligations.
Summary
- On April 29, 2024, Robert Edward Long, Chief R&D Officer of Kimberly-Clark, reported transactions involving the company's common stock.
- 1,399 restricted share units vested and were paid out in shares of common stock.
- 628 shares were surrendered to the issuer to satisfy tax withholding obligations related to the vesting of restricted share units at a price of $135.93 per share.
- Following these transactions, Long directly owns 2,703 shares of Kimberly-Clark common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Robert Edward Long, transact in their company's stock. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 4/29/2021 | Date of restricted share units (w/dividends reinvested) |
| 04/29/2024 | Date of earliest transaction: vesting of restricted share units and surrender of shares for tax obligations. |
| 04/30/2024 | Date of report filing. |
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