Larry J. Merlo Reports Initial Stake in Kimberly-Clark Corp as Director

Kimberly-Clark Corp ($KMB) - Initial Statement of Beneficial Ownership (Form 3)

Overview

On November 4, 2026, Larry J. Merlo filed an initial Form 3 statement of beneficial ownership following his appointment to the Board of Directors of Kimberly-Clark Corp, effective November 2, 2026.

Reported Holdings

• Security: Restricted Share Units (RSUs) payable on a 1-for-1 basis into Kimberly-Clark Common Stock.
• Direct Holdings: 10,504 RSUs.
• Conversion / Exercise Price: $0.00.
• Terms & Origin: Per the filing footnotes, the reported RSUs were received in respect of Kenvue Inc. deferred share units held at the time of the acquisition of Kenvue Inc. by Kimberly-Clark Corporation. They are governed by the Kimberly-Clark Corporation Outside Directors' Compensation Plan and cannot be sold or transferred until the reporting person ceases to serve as a director.

Investment Significance

This filing represents a standard initial ownership statement (Form 3) resulting from a board appointment and merger/acquisition unit conversion rather than open-market activity. As such, trading significance is assessed as Low.