FULLER H B CO (NYSE: FUL) grants 2,894.7400 deferred stock units to director
Rhea-AI Filing Summary
FULLER H B CO director Daniel L Florness reported a grant of 2,894.7400 Stock Units at $57.0000 per unit, each convertible into one share of common stock. These deferred units generally convert upon retirement, death, disability or certain specified events under the Directors' Deferred Compensation Plan, and include amounts from a dividend equivalent feature. Following the award, he holds 33,090.8600 stock units and 1351.0000 common shares directly.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FLORNESS DANIEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1, F2, F3 | 2,894.74 | $57.00 | $165K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 33,090.86 shares (Direct);
Common Stock — 1,351 shares (Direct)
Footnotes (3)
- F1. These units convert into shares of common stock on a 1-for-1 basis.
- F2. 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.
- F3. This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.
Key Figures
Stock Units Granted: 2894.7400 units
Grant Price per Unit: $57.0000
Deferred Stock Units After Grant: 33090.8600 units
+1 more
4 metrics
Stock Units Granted
2894.7400 units
Grant of Stock Units to director Daniel L Florness
Grant Price per Unit
$57.0000
Price used for the Stock Unit award
Deferred Stock Units After Grant
33090.8600 units
Total Stock Units held after the award
Direct Common Shares Held
1351.0000 shares
Direct common stock ownership reported
Key Terms
Stock Units, Directors' Deferred Compensation Plan, dividend equivalent feature
3 terms
Stock Units financial
"These units convert into shares of common stock on a 1-for-1 basis."
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Daniel L Florness report at FULLER H B CO (FUL)?
Daniel L Florness reported a grant of 2,894.7400 Stock Units at $57.0000 per unit, each convertible into one common share. The award increases his deferred stock unit holdings to 33,090.8600, in addition to 1351.0000 common shares held directly.
How do the granted Stock Units for FUL convert into common stock?
The granted Stock Units convert into common stock on a 1-for-1 basis. According to the plan, the units are generally converted upon retirement, death, disability or other specified events, subject to any holding periods required by law under the Directors' Deferred Compensation Plan.
What is Daniel L Florness’s total deferred stock unit balance at FUL after this filing?
After this award, Daniel L Florness holds 33,090.8600 Stock Units linked to FULLER H B CO common stock. These units are part of the Directors' Deferred Compensation Plan and include units acquired through a dividend equivalent feature associated with the plan.
What direct common stock holdings does Daniel L Florness report in FUL?
Daniel L Florness reports direct ownership of 1351.0000 shares of FULLER H B CO common stock. This common stock position is separate from his 33,090.8600 deferred Stock Units, which will convert into common shares only upon specified future events.
What plan governs the Stock Units granted to Daniel L Florness at FUL?
The Stock Units are issued under the Directors' Deferred Compensation Plan. Under this plan, units convert into common stock upon retirement, death, disability or specified events, and the reported balance includes units accrued through a dividend equivalent feature on the underlying shares.