secwatch.observer — SEC 8-K summary
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Issuer:     KIMBERLY CLARK CORP (KMB)
CIK:        0000055785
Form:       8-K
Filed at:   2022-09-15T23:59:59+00:00
Accession:  0000055785-22-000060
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimberly-Clark adopts Voluntary Deferred Compensation Plan for key employees
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- Eligible employees can defer up to 50% of base salary and up to 90% of annual performance bonus.
- No employer match or similar contributions under the Plan.
- Distributions available in lump sum or installments upon specified events; a rabbi trust may be established.
- Plan effective January 1, 2023; administered by Benefits Administration Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55785/000005578522000060/0000055785-22-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55785/000005578522000060/pre-20220913.htm
  HTML page:      https://secwatch.observer/filing/0000055785-22-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer