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Insider Trends: Kimberly-Clark Insider Gets Stock Award Sells Portion for Taxes Slowing, 90-Day Buy Trend

05/11/2021 08:15

12:06 PM EDT, 05/11/2021 (MT Newswires) -- On May 09, 2021, Kimberly K Underhill, Kcna - Leadership Transition, awarded 7,618 shares in Kimberly-Clark (KMB) and sold 3,581 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 4,037 company shares. Underhill, following the transactions delineated in the Form 4 SEC filing, controls 45,589 shares of the company of which 43,024 shares are held directly and 2,565 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $6.24 million.

Over the last 90 days, previous to the date of this filing, there have been 18 insider transactions reported to the SEC for Kimberly-Clark. These transactions came from the activities of 9 separate insiders that resulted in a net acquisition of 60,463 company shares. This compares with the preceding 90-day window of time where there were 3 transactions from 2 insiders and resulted in the net acquisition of 1,289 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/55785/000122520821007916/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.