Fuller H B (FUL) Form 4 shows RSU grants and option holdings
Rhea-AI Filing Summary
Insider transactions by Gregory O. Ogunsanya, Sr. VP, General Counsel and Corporate Secretary, show multiple equity award activities on 10/04/2025. He received 3,701 restricted stock units (RSUs) and 191 RSUs that vested, and had withholding for taxes of 191 and 3,701 shares respectively. The filings report acquisitions (code M) of 3,701 and 191 shares at an effective price of $59.28 per share and dispositions (code F) for tax withholding of 60 and 1,134 shares at the same price, leaving beneficial ownership in common stock at 6,567, 6,758, 6,698, and 5,564 across separate reported lines.
Derivatives disclosed include vested and outstanding employee stock options totaling 22,594 underlying shares across three option grants with exercise prices of $64.28, $70.28, and $77.72, plus additional RSU tranches and dividend-equivalent reinvestments. Vesting schedules are described in the explanations with multi-year installments starting on the stated vesting dates.
Positive
- Receipt of 3,701 RSUs strengthens executive equity alignment
- Options outstanding totaling 22,594 underlying shares indicate longer-term incentive retention
- Vesting schedules disclosed provide transparency on future dilution timing
Negative
- Tax-related share withholdings reduced net shares delivered (1,134 and 60 shares withheld)
- Exercise prices on options (up to $77.72) may limit immediate intrinsic value if market below strike
Insights
TL;DR: Senior officer received RSUs and holds multiple vested options and RSU tranches, with tax-withheld share dispositions recorded on 10/04/2025.
The activity shows standard equity compensation mechanics: 3,701 and 191 RSUs were recorded as acquired (code M) at $59.28, and portions were withheld to cover taxes (60 and 1,134 shares). Several employee stock options remain outstanding with exercise prices of $64.28, $70.28, and $77.72 and multi-year vesting schedules.
Dependencies and near-term considerations include the remaining vesting tranches (some vesting in installments over the next 1–3 years) and potential future option exercises tied to those vesting dates. Monitor the scheduled vesting dates and any future Form 4 filings for exercises or further withholdings that will affect outstanding share counts within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,701 | $59.28 | $219K |
| Exercise | Restricted Stock Units | 191 | $59.28 | $11K |
| Exercise | Common Stock | 3,701 | $59.28 | $219K |
| Exercise | Common Stock | 191 | $59.28 | $11K |
| Tax Withholding | Common Stock | 60 | $59.28 | $4K |
| Tax Withholding | Common Stock | 1,134 | $59.28 | $67K |
| 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 | -- | -- | -- |
Footnotes (1)
- Shares withheld for taxes due on 191 shares issued. Shares withheld for taxes due on 3,701 shares issued. These restricted stock units convert into shares of common stock on a 1-for-1 basis. These restricted stock units vest in two equal annual installments beginning on the date shown. 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. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
