Director at FULLER H B CO (FUL) granted 343 stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FULLER H B CO director Daniel L. Floreness reported a new stock unit award. On May 29, 2026, he received 343.32 stock units at a reference price of $64.08 per unit. These stock units are deferred compensation that convert into common shares on a 1-for-1 basis.
After this grant, Floreness holds 30,196.12 stock units and 1,351 shares of common stock directly. The units generally convert into common stock upon retirement, death, disability, or other specified events under the Directors' Deferred Compensation Plan, and the reported amount includes units from a dividend equivalent feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FLORNESS DANIEL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 343.32 | $64.08 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 30,196.12 shares (Direct, null);
Common Stock — 1,351 shares (Direct, null)
Footnotes (1)
- These units convert into shares of common stock on a 1-for-1 basis. These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law. This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.
Key Figures
Stock units granted: 343.32 stock units
Grant reference price: $64.08 per unit
Total stock units held: 30,196.12 stock units
+2 more
5 metrics
Stock units granted
343.32 stock units
Grant on May 29, 2026
Grant reference price
$64.08 per unit
Stock unit award value
Total stock units held
30,196.12 stock units
After May 29, 2026 grant
Common shares held
1,351 shares
Direct common stock holding
Conversion ratio
1 stock unit per share
Units convert 1-for-1 into common stock
Key Terms
Stock Units, Directors' Deferred Compensation Plan, dividend equivalent feature, Common Stock
4 terms
Stock Units financial
"The filing reports 343.3200 Stock Units as a derivative award."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Directors' Deferred Compensation Plan financial
"This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan."
dividend equivalent feature financial
"This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan."
Common Stock financial
"These units convert into shares of common stock on a 1-for-1 basis."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Daniel L. Floreness report in this Form 4 for FUL?
Daniel L. Floreness reported a grant of stock units. On May 29, 2026, he received 343.32 stock units tied to Fuller H B Co common stock as part of director compensation, which convert into shares on a 1-for-1 basis under the company’s deferred compensation plan.
How many Fuller H B Co stock units does the FUL director hold after this filing?
After this filing, the director holds 30,196.12 stock units. These units are linked 1-for-1 to Fuller H B Co common stock and typically convert into shares upon retirement, death, disability, or other specified events defined in the Directors' Deferred Compensation Plan.
Did the FUL Form 4 show any open-market stock purchases or sales?
No open-market buys or sells are shown in this Form 4. The filing reports a grant of 343.32 stock units as compensation and a holding entry for 1,351 common shares, without any reported purchase or sale transactions in the open market.
At what value were the Fuller H B Co stock units granted to the director?
The reported grant value was $64.08 per stock unit. The director received 343.32 stock units at this reference price, which function as deferred compensation and will convert into an equal number of Fuller H B Co common shares upon qualifying events under the plan.