Hicks Zackery A

Chief Digital & Technology Officer sold 15,038 shares of KMB at $133.40; holding reduced 51.2% to 14,321 shares

Hicks Zackery A, Chief Digital & Technology Officer, sold 15,038 shares of Kimberly-Clark at $133.40 on 2025-08-04, reducing his post-transaction holdings to 14,321 shares from 29,359 shares—a net reduction of 51.2% of his pre-transaction position. The sale occurred at a price near the current market level ($133.14), with KMB trading -10.2% from its 52-week high of $148.35. The company has experienced modest annual revenue decline of -1.8% year-over-year, though quarterly revenue stands at $4.2B with net income of $509.0M. This material reduction in a C-suite executive's stake, representing over half of prior holdings, occurs in the context of muted near-term momentum (30-day change: +0.8%, 90-day change: +0.3%) and represents a disclosure event warranting standard investor attention. The absolute magnitude of the transaction ($2.0M) and the concentration of the sale relative to baseline holdings merits review of any contemporaneous company communications or strategic guidance.