H.B. Fuller (FUL) CFO receives phantom unit grant and details equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
H.B. Fuller’s Executive VP and CFO John J. Corkrean received a grant of 213 Phantom Units on March 27, 2026, at a reference price of $59.17 per unit. These units convert into common stock on a 1-for-1 basis under the company’s deferred compensation plan.
After this award, Corkrean holds a total of 33,057.28 Phantom Units, along with 59,508 shares of common stock held directly. He also retains multiple employee stock option grants on common stock with exercise prices ranging from $45.05 to $77.72 and expiration dates running through 2036, plus several tranches of restricted stock units that likewise convert 1-for-1 into common shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 213 | $59.17 | $13K |
| 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 | 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 | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Units — 33,057.28 shares (Direct);
Employee Stock Option (Right-to-Buy) — 41,208 shares (Direct);
Restricted Stock Units — 1,453.86 shares (Direct);
Common Stock — 59,508 shares (Direct)
Footnotes (1)
- 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. This option is 100% vested. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown. 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.
Key Figures
Phantom Units granted: 213 units
Grant reference price: $59.17 per unit
Total Phantom Units held: 33,057.28 units
+5 more
8 metrics
Phantom Units granted
213 units
Grant to CFO on March 27, 2026
Grant reference price
$59.17 per unit
Phantom Unit award pricing
Total Phantom Units held
33,057.28 units
CFO Phantom Unit balance after grant
Direct common stock holding
59,508 shares
CFO direct ownership after reported transactions
Option strike price
$45.05 per share
Employee stock option expiring January 24, 2029
Option underlying shares
41,208 shares
Underlying common shares for $45.05 options
Highest option strike
$77.72 per share
Employee stock option expiring January 26, 2034
RSU position
5,824.90 units
Restricted stock units expiring January 26, 2029
Key Terms
Phantom Units, Employee Stock Option (Right-to-Buy), Restricted Stock Units, dividend equivalent feature, +1 more
5 terms
Phantom Units financial
"These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis."
Phantom units are a form of employee compensation that mimics ownership in a company without issuing real shares: recipients receive cash or stock value tied to the company’s share price or performance when the units vest. They matter to investors because phantom units align employee incentives with shareholder value while avoiding share dilution; however, they create future cash obligations and can affect a company’s financial statements and cash flow.
Employee Stock Option (Right-to-Buy) financial
"Employee Stock Option (Right-to-Buy) with exercise prices such as 45.0500 and 48.3500."
Restricted Stock Units financial
"These restricted stock units convert into shares of common stock on a 1-for-1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature."
deferred compensation plan financial
"as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
What did H.B. Fuller (FUL) report about CFO John Corkrean’s latest equity award?
H.B. Fuller reported that Executive VP and CFO John J. Corkrean received a grant of 213 Phantom Units on March 27, 2026. These units track the company’s common stock and convert into shares on a 1-for-1 basis under its deferred compensation plan.
How many Phantom Units does H.B. Fuller (FUL) CFO John Corkrean now hold?
Following the March 27, 2026 grant, CFO John J. Corkrean holds 33,057.28 Phantom Units. These units are linked to H.B. Fuller common stock and are designed to convert into shares based on plan terms, providing additional stock-based compensation alignment.
What stock option positions does the H.B. Fuller (FUL) CFO have outstanding?
The filing shows multiple employee stock options on H.B. Fuller common stock, with exercise prices from $45.05 to $77.72 per share. Expiration dates range from 2027 through 2036, giving the CFO long-dated equity exposure through these option grants.
What are Phantom Units and how do they work at H.B. Fuller (FUL)?
At H.B. Fuller, Phantom Units are deferred compensation instruments that mirror common stock value and convert into shares on a 1-for-1 basis. Conversion occurs upon specified termination events or earlier dates chosen by participants, subject to required legal holding periods.
What restricted stock units does the H.B. Fuller (FUL) CFO hold?
The CFO holds several tranches of restricted stock units that each convert into H.B. Fuller common stock on a 1-for-1 basis. These RSUs vest in three annual installments of 33%, 33%, and 34%, and amounts include units from dividend equivalent reinvestment features.
Fuller H B Co
NYSE:FUL
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