KMBKimberly-Clark
Kimberly-Clark Corporation was founded in 1872 and incorporated in Delaware in 1928. 10-K, Item 1
Deals between KMB and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-03-23 reports that the one filed 2025-03-10 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-10.
Nothing new: every deal in this year's section was reported last year too.
The whole section 9 paragraphs, proxy filed 2026-03-23
Transactions with Related Persons“Policies and Procedures for Review, Approval or Ratification of Related Person Transactions. The Board has adopted procedures for reviewing any transactions between the company and certain “related persons” that involve amounts above certain thresholds. The SEC requires that our proxy statement disclose these “related person transactions.” A related person is defined under the SEC’s rules and includes our directors, director nominees, executive officers and five percent stockholders.”
Read it in the proxy ↗
Transactions with Related Persons“The Nominating and Corporate Governance Committee is best suited to review, approve and ratify related person transactions involving any director, nominee for director, any five percent stockholder, or any of their immediate family members or related firms, and • The Audit Committee is best suited to review, approve and ratify related person transactions involving executive officers (or their immediate family members or related firms), other than any executive officer that is also a Board member.”
Read it in the proxy ↗
Transactions with Related Persons“Either Committee may, in its sole discretion, refer its consideration of related person transactions to the full Board.”
Read it in the proxy ↗
Transactions with Related Persons“Each director, director nominee and executive officer is required to promptly provide written notification of any material interest that he or she (or an immediate family member) has or will have in a transaction with Kimberly-Clark. Based on a review of the transaction, a determination will be made as to whether the transaction constitutes a related person transaction under the SEC’s rules. As appropriate, the Nominating and Corporate Governance Committee or the Audit Committee will then review the terms and substance of the transaction to determine whether to ratify or approve the related person transaction.”
Read it in the proxy ↗
Transactions with Related Persons“In determining whether the transaction is consistent with Kimberly-Clark’s best interest, the Nominating and Corporate Governance Committee or the Audit Committee may consider any factors deemed relevant or appropriate, including:”
Read it in the proxy ↗
Transactions with Related Persons“Whether the transaction is on terms comparable to those that could be obtained in arm’s-length dealings with an unrelated third party;”
Read it in the proxy ↗
Transactions with Related Persons“Whether the transaction constitutes a conflict of interest under our Code of Conduct, the nature, size or degree of any conflict, and whether mitigation of the conflict is feasible;”
Read it in the proxy ↗
Transactions with Related Persons“The impact of the transaction on a director’s independence; and • Whether steps have been taken to ensure fairness to Kimberly-Clark.”
Read it in the proxy ↗
Transactions with Related Persons“Related Person Transactions. Based on the company’s review of its transactions, there were no transactions considered to be a related person transaction since the beginning of 2025.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
Work on KMB in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/KMB/export.csv") into a cell.