Kimberly Clark Proxy: Executive Comp Details Released

Ticker: KMB · Form: DEF 14A · Filed: 2024-03-11T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: KMB

TL;DR

KMB proxy out: exec pay details for 2023 are in, including stock awards and pensions.

AI Summary

Kimberly Clark Corp filed its DEF 14A proxy statement on March 11, 2024, detailing executive compensation for the fiscal year ending December 31, 2023. The filing includes information on stock awards, equity grants, and pension adjustments for both PEO (Principal Executive Officer) and Non-PEO members. Specific details on equity awards granted during the year, vested and unvested awards from prior years, and forfeited awards are provided.

Why It Matters

This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing standard disclosure of executive compensation and corporate governance matters.

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used by public companies to solicit proxy votes from shareholders for their annual meeting and to provide detailed information on matters such as executive compensation, director nominations, and other corporate governance issues.

What specific types of compensation are detailed in this filing for Kimberly Clark Corp executives?

The filing details various forms of compensation including stock awards, equity awards granted during the year, equity awards granted in prior years (both vested and unvested), forfeited equity awards, and changes in pension values.

Who are the primary groups of individuals for whom compensation data is presented?

Compensation data is presented for two main groups: PEO (Principal Executive Officer) members and Non-PEO Neo (Non-Principal Executive Officer) members.

What is the fiscal year end for which the compensation information in this filing is relevant?

The compensation information is relevant for the fiscal year ending December 31, 2023.

What is the filing date of this DEF 14A for Kimberly Clark Corp?

This DEF 14A filing for Kimberly Clark Corp was filed on March 11, 2024.

From the Filing

0000055785-24-000037.txt : 20240311 0000055785-24-000037.hdr.sgml : 20240311 20240311163602 ACCESSION NUMBER: 0000055785-24-000037 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 104 CONFORMED PERIOD OF REPORT: 20240311 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP CENTRAL INDEX KEY: 0000055785 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 390394230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-00225 FILM NUMBER: 24738602 BUSINESS ADDRESS: STREET 1: 351 PHELPS DRIVE CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9722811200 MAIL ADDRESS: STREET 1: P O BOX 619100 STREET 2: DFW AIRPORT STATION CITY: DALLAS STATE: TX ZIP: 75261-9100 DEF 14A 1 kmb-20240311.htm PROXY STATEMENT kmb-20240311 FALSE 0000055785 DEF 14A 0000055785 2023-01-01 2023-12-31 iso4217:USD xbrli:pure 0000055785 2022-01-01 2022-12-31 0000055785 2021-01-01 2021-12-31 0000055785 2020-01-01 2020-12-31 0000055785 ecd:PeoMember kmb:StockAwardsAdjustmentMember 2023-01-01 2023-12-31 0000055785 ecd:PeoMember kmb:EquityAwardsGrantedDuringTheYearMember 2023-01-01 2023-12-31 0000055785 kmb:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0000055785 kmb:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2023-01-01 2023-12-31 0000055785 ecd:PeoMember kmb:EquityAwardsForfeitedMember 2023-01-01 2023-12-31 0000055785 kmb:ChangeInPensionValueMember ecd:PeoMember 2023-01-01 2023-12-31 0000055785 kmb:PensionsAdjustmentsServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:StockAwardsAdjustmentMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:EquityAwardsGrantedDuringTheYearMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:EquityAwardsGrantedInPriorYearsUnvestedMember 2023-01-01 2023-12-31 0000055785 kmb:EquityAwardsGrantedInPriorYearsVestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:EquityAwardsForfeitedMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:ChangeInPensionValueMember 2023-01-01 2023-12-31 0000055785 ecd:NonPeoNeoMember kmb:PensionsAdjustmentsServiceCostMember 2023-01-01 2023-12-31 0000055785 1 2023-01-01 2023-12-31 0000055785 2 2023-01-01 2023-12-31 0000055785 3 2023-01-01 2023-12-31 0000055785 4 2023-01-01 2023-12-31 0000055785 5 2023-01-01 2023-12-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.     ) Filed by the Registrant     þ                               Filed by a Party other than the Registrant     ¨ Check the appropriate box: ¨    Preliminary Proxy Statement      ¨    Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) þ    Definitive Proxy Statement      ¨    Definitive Additional Materials      ¨    Soliciting Material Pursuant to §240.14a-12      Kimberly-Clark Corporation   (Name of Registrant as Specified In Its Charter)      (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): þ No fee required. ¨ Fee paid previously with preliminary materials. ¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Company Overview Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable p

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