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

Corporate Compensation Analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ogunsanya Gregory O.

(Last) (First) (Middle)

1200 WILLOW LAKE BOULEVARD

P.O. BOX 64683

(Street)

ST. PAUL MN 55164-0683

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FULLER H B CO [ FUL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP, GC and Corp Secretary

3. Date of Earliest Transaction (Month/Day/Year)
10/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/04/2025		M		3,701	A	$59.28	6,567	D
Common Stock	10/04/2025		M		191	A	$59.28	6,758	D
Common Stock	10/04/2025		F		60(1)	D	$59.28	6,698	D
Common Stock	10/04/2025		F		1,134(2)	D	$59.28	5,564	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0000(3)	10/04/2025		M			3,701	10/04/2024(4)	10/04/2025	Common Stock	3,701	$59.28	0.0000	D
Restricted Stock Units	$0.0000(3)	10/04/2025		M			191	10/04/2024(5)	10/04/2026	Common Stock	191	$59.28	199.18(6)	D
Employee Stock Option (Right-to-Buy)	$64.28							01/27/2026(7)	01/27/2035	Common Stock	10,237		10,237	D
Employee Stock Option (Right-to-Buy)	$70.28							10/04/2024(7)	10/04/2033	Common Stock	3,442		3,442	D
Employee Stock Option (Right-to-Buy)	$77.72							01/26/2025(7)	01/26/2034	Common Stock	8,915		8,915	D
Restricted Stock Units	$0.0000(3)							01/26/2025(5)	01/26/2027	Common Stock	1,022.86		1,022.86(6)	D
Restricted Stock Units	$0.0000(3)							01/27/2026(5)	01/27/2028	Common Stock	1,813.23		1,813.23(6)	D

Explanation of Responses:

1. Shares withheld for taxes due on 191 shares issued.

2. Shares withheld for taxes due on 3,701 shares issued.

3. These restricted stock units convert into shares of common stock on a 1-for-1 basis.

4. These restricted stock units vest in two equal annual installments beginning on the date shown.

5. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.

6. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.

7. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.

	/s/ Patrick J. Seul, Attorney-in-Fact	10/06/2025
	** Signature of Reporting Person	Date
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FAQ

What did the FUL Form 4 filed for Gregory O. Ogunsanya report?

It reports acquisition of 3,701 and 191 RSUs (code M) and tax-withheld dispositions of 60 and 1,134 shares at $59.28 on 10/04/2025.

How many stock options does the reporting person hold according to the filing?

The filing shows employee stock options covering 10,237, 3,442, and 8,915 underlying shares (totaling 22,594), with exercise prices of $64.28, $70.28, and $77.72.

Are there vesting schedules disclosed for the RSUs and options?

Yes. Some RSUs vest in two equal annual installments or in three annual installments (33%, 33%, 34%) beginning on the stated dates; options similarly vest in three annual installments starting on the grant-specific date.

What was the price used in the reported transactions?

All reported transactions list a price of $59.28 per share.

Did the filing show any sale of shares for cash?

No cash-for-sale transactions are shown; the disposals marked (F) represent shares withheld to satisfy tax-withholding obligations.