Director Daniel Florness (FUL) receives 335 Fuller H B Co stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FULLER H B CO director Daniel L. Florness received a grant of 334.75 stock units on common stock at $65.72 per unit. After this award, he holds 29,730.4 stock units and 1,351 shares of common stock directly. The units convert into common shares on a 1-for-1 basis upon retirement, death, disability, or other specified events under the company plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FLORNESS DANIEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 334.75 | $65.72 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 29,730.4 shares (Direct);
Common Stock — 1,351 shares (Direct)
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.
FAQ
What did Daniel L. Florness acquire in this FUL Form 4 filing?
Daniel L. Florness received a grant of 334.75 stock units tied to FULLER H B CO common stock at a reference price of $65.72 per unit, increasing his deferred equity-based compensation position under the company’s plan.
How many FULLER H B CO stock units does Daniel L. Florness hold after this grant?
After the 334.75-unit grant, Daniel L. Florness directly holds 29,730.4 stock units. These units are part of a deferred compensation arrangement for directors and are separate from his directly held shares of FULLER H B CO common stock.
What additional feature affects Daniel L. Florness’s FULLER H B CO stock units?
His reported stock unit balance includes units acquired through a dividend equivalent feature of the Directors’ Deferred Compensation Plan, meaning certain dividends on the underlying stock generate additional stock units credited to his deferred compensation account.
Does this FUL Form 4 show any stock sales by Daniel L. Florness?
The Form 4 discloses a grant of 334.75 stock units to Daniel L. Florness and updated holdings, but it does not report any share sales or disposals, focusing instead on this equity-based award and his resulting positions.