H.B. Fuller (NYSE: FUL) CFO now holds over 35,000 phantom units
Rhea-AI Filing Summary
FULLER H B CO (FUL) reported that Executive VP and CFO John J. Corkrean received an award of 200.85 Phantom Units on 2026-08-14 at a reference price of $62.75 per unit. These units convert into common stock on a 1-for-1 basis under the Key Employee Deferred Compensation Plan and now total 35,431.62 units, including amounts from a dividend equivalent feature. The filing also lists Corkrean’s existing equity positions, including vested and scheduled-to-vest stock options, restricted stock units, and direct ownership of 59,508 shares of common stock.
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 F1, F2, F3 | 200.85 | $62.75 | $13K |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Units — 35,431.62 shares (Direct);
Employee Stock Option (Right-to-Buy) — 306,423 shares (Direct);
Restricted Stock Units — 10,302.55 shares (Direct);
Common Stock — 59,508 shares (Direct)
Footnotes (8)
- F1. These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
- F2. 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.
- F3. Amount includes stock units acquired pursuant to a dividend equivalent feature.
- F4. This option is 100% vested.
- F5. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- F6. These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- F7. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- F8. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
Key Figures
Phantom Units granted: 200.8500 units
Phantom Unit reference price: $62.7500 per unit
Total Phantom Units after grant: 35431.6200 units
+5 more
8 metrics
Phantom Units granted
200.8500 units
Grant of Phantom Units on 2026-08-14 to Executive VP and CFO
Phantom Unit reference price
$62.7500 per unit
Price field for the 200.85 Phantom Units grant
Total Phantom Units after grant
35431.6200 units
Total Phantom Units held following the reported acquisition
Direct common stock holdings
59508.0000 shares
Directly owned FUL common stock reported as of 2026-08-14
Stock option exercise price
$45.0500 per share
Employee Stock Option with 41208.0000 underlying common shares
Largest option underlying shares
48309.0000 shares
Employee Stock Option at $48.3500 exercise price expiring 2030-01-24
RSU underlying shares
5872.5900 shares
Restricted Stock Units expiring 2029-01-26, 1-for-1 into common stock
Highest option exercise price
$77.7200 per share
Employee Stock Option with 24774.0000 underlying shares expiring 2034-01-26
Key Terms
Phantom Units, Restricted Stock Units, Key Employee Deferred Compensation Plan, dividend equivalent feature, +1 more
5 terms
Phantom Units financial
"These units (acquired after 12-31-04) convert into shares of common stock"
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.
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.
Key Employee Deferred Compensation Plan financial
"as specified in the Key Employee Deferred Compensation Plan or such earlier date"
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature."
dividend equivalent reinvestment feature financial
"Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature."
FAQ
What equity award did FUL executive John J. Corkrean receive in this Form 4?
John J. Corkrean received 200.85 Phantom Units tied to FULLER H B CO (FUL) common stock at a reference price of $62.75. These units convert into common shares on a 1-for-1 basis under the Key Employee Deferred Compensation Plan.
How many Phantom Units does the FUL CFO hold after this reported grant?
After the 200.85-unit grant, the FUL CFO holds 35,431.62 Phantom Units. According to the filing, this amount includes stock units acquired through a dividend equivalent feature, and the units are designed to convert into FUL common stock on a 1-for-1 basis.
What stock options for FUL common stock are reported for the CFO in this filing?
The filing lists multiple Employee Stock Options on FUL common stock, including grants with exercise prices from $45.05 to $77.72 and underlying share amounts up to 48,309 shares. Some options are fully vested, while others vest in three annual installments.
Were the reported FUL transactions made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is reported as false, indicating the transactions were not affirmatively designated as being made under a Rule 10b5-1 trading plan in this Form 4 filing for FULLER H B CO (FUL).
AI-generated analysis. How Rhea-AI works. Not financial advice.
