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Insider Trends: Kimberly-Clark Insider Receives Stock Award Uses Portion to Pay Taxes, Slowing 90-Day Buy Trend

05/11/2021 08:13

12:05 PM EDT, 05/11/2021 (MT Newswires) -- Aaron Powell, President, Asia Pacific, awarded 9,624 shares in Kimberly-Clark (KMB) and sold 4,341 shares concurrently to meet tax obligations on May 09, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 5,283 company shares. Powell controls 8,125 shares of the company of which 7,774 shares are owned directly and 351 shares indirectly after the transactions defined in the SEC Form 4 filing. These holdings have an approximate market value of $1.11 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 12 insider transactions reported to the SEC for Kimberly-Clark. These transactions came from the activities of 6 separate insiders that resulted in a net acquisition of 52,605 company shares. In the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net acquisition of 1,289 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/55785/000122520821007913/xslF345X03/doc4.xml

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