Fuller (FUL) Executive Reports Options, RSUs and a 31-Share Purchase
Rhea-AI Filing Summary
James J. East, Executive Vice President of Fuller H. B. Co. (ticker FUL), reported a purchase of 31 shares of Fuller common stock on 09/26/2025 at a price of $58.62 per share. After the transaction, Mr. East beneficially owned 2,822 shares directly and 105.34 shares indirectly through a 401(k) plan. The filing also discloses his outstanding equity awards: employee stock options exercisable into a total of 39,834 shares across four grants, phantom units converting into 4,102.62 shares, and restricted stock units convertible into 4,776.98 shares on various vesting schedules and exercise/expiration dates between 2026 and 2035. Dividend-equivalent features increased reported amounts for some units and RSUs.
Positive
- Insider purchase reported: Executive Vice President acquired 31 shares at $58.62, signaling direct personal investment.
- Substantial equity alignment: Mr. East holds a large aggregate of equity awards (options, phantom units, RSUs) that align his incentives with long-term shareholder value.
- Detailed disclosure: Filing provides specific strike prices, exercisability/expiration dates, and vesting schedules for options and RSUs.
Negative
- None.
Insights
TL;DR: Insider purchased a small number of shares and holds significant vested/unvested equity compensation.
The Form 4 shows a purchase of 31 shares at $58.62 and a consolidated equity position including 39,834 option shares, 4,102.62 phantom units, and 4,776.98 restricted stock units. The mix of vested and multi-year vesting schedules indicates ongoing compensation alignment with shareholder value, while the direct holding of 2,822 shares is modest relative to the aggregate option and unit exposure. All figures are reported as stated on the filing.
TL;DR: Filing documents standard insider compensation and a small open-market purchase; no governance red flags disclosed.
The submission is a routine Section 16 disclosure: it lists a purchase transaction and details outstanding equity awards with vesting and dividend-equivalent features. The presence of multiple option grants and RSUs with staggered vesting is typical for executive compensation. The form is signed by an attorney-in-fact and contains required explanatory footnotes; the filing does not disclose departures, sales, or unusual transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 31 | $58.62 | $2K |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Amount includes common stock acquired pursuant to a dividend equivalent feature. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown. This option is 100% vested. These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis. These units (acquired after 12-31-04) convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law. Amount includes stock units acquired pursuant to a dividend equivalent feature. These restricted stock units convert into shares of common stock on a 1-for-1 basis. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
