Form 4: Kimberly-Clark Executive Tamera Fenske Reports Stock Transactions
SEC Form 4 Filing
Tamera Fenske, Chief Supply Chain Officer at Kimberly-Clark, reports the vesting and payout of restricted share units and subsequent tax withholding.
Summary
- On October 31, 2024, Tamera Fenske, Chief Supply Chain Officer of Kimberly-Clark, reported transactions involving the company's common stock.
- 4,317 restricted share units vested and were paid out in shares of common stock.
- 1,932 shares were surrendered to the issuer to cover tax withholding obligations at a price of $134.18 per share.
- Following these transactions, Fenske directly owns 4,669 shares of Kimberly-Clark common stock and 4,281 restricted share units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It doesn't necessarily reflect broader industry trends but offers insight into individual executive compensation and stock ownership.
Stakeholder Impact
- Shareholders are informed about executive stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 10/31/2022 | Date of restricted share units grant (with dividends reinvested). |
| 10/31/2024 | Date of transaction: vesting of restricted share units and tax withholding. |
| 11/02/2024 | Date of report filing. |
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