Fuller CFO awarded 205.77 phantom stock units
FULLER H B CO Executive VP and CFO John J. Corkrean reported updated equity holdings, including a new grant of 205.77 Phantom Units tied to the company’s common stock at a reference price of $61.25 per unit.
Rhea-AI Filing Summary
FULLER H B CO Executive VP and CFO John J. Corkrean reported updated equity holdings, including a new grant of 205.77 Phantom Units tied to the company’s common stock at a reference price of $61.25 per unit. Phantom units are deferred compensation that track the value of common shares.
After this award, Corkrean directly holds 59,508 shares of common stock and 33,661.41 Phantom Units, which convert into shares of common stock on a 1-for-1 basis under the Key Employee Deferred Compensation Plan. He also continues to hold multiple vested and time-vesting stock options and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 205.77 shares
Grant/Award
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 205.77 | $61.25 | $13K |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| 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 | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Units — 33,661.41 contracts (Direct);
Employee Stock Option (Right-to-Buy) — 306,423 contracts (Direct);
Restricted Stock Units — 10,218.89 contracts (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 grant: 205.77 units at $61.25
Common stock held: 59,508 shares
Total Phantom Units held: 33,661.41 units
+5 more
8 metrics
Phantom Units grant
205.77 units at $61.25
Grant/award acquisition on 2026-05-08
Common stock held
59,508 shares
Direct ownership after transactions
Total Phantom Units held
33,661.41 units
Deferred compensation units convertible 1-for-1
RSUs 2028 expiration
2,940.13 underlying shares
Restricted Stock Units expiring 2028-01-27 at $0.00
RSUs 2029 expiration
5,824.90 underlying shares
Restricted Stock Units expiring 2029-01-26 at $0.00
Stock option position
48,309 shares at $48.35
Employee Stock Option expiring 2030-01-24
Stock option position
39,347 shares at $59.81
Employee Stock Option expiring 2036-01-26
Stock option position
24,774 shares at $77.72
Employee Stock Option expiring 2034-01-26
Key Terms
Phantom Units, Restricted Stock Units, Employee Stock Option (Right-to-Buy), dividend equivalent feature, +2 more
6 terms
Phantom Units financial
"These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis."
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.
Employee Stock Option (Right-to-Buy) financial
"This option is 100% vested."
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature."
Key Employee Deferred Compensation Plan financial
"as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected"
dividend equivalent reinvestment feature financial
"Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did FULLER H B CO (FUL) report for John J. Corkrean?
FULLER H B CO reported that Executive VP and CFO John J. Corkrean received 205.77 Phantom Units as a grant or award. The filing also updates his existing holdings of common stock, restricted stock units, options, and previously accumulated phantom units.
How many Phantom Units does the FUL CFO hold after this Form 4?
After the latest grant, the CFO holds 33,661.41 Phantom Units linked to FULLER H B CO common stock. These units generally convert into shares on a 1-for-1 basis under the Key Employee Deferred Compensation Plan and include amounts from dividend equivalent features.
Did the FUL CFO buy or sell common stock in this filing?
The filing does not report any open-market purchases or sales of FULLER H B CO common stock by the CFO. It primarily shows a compensation-related grant of Phantom Units and updates to existing common stock, restricted stock unit, option, and phantom unit holdings.
What are Phantom Units in the context of FUL’s executive compensation?
Phantom Units are deferred compensation units that mirror FULLER H B CO common stock value and convert into shares on a 1-for-1 basis. They generally settle upon certain termination events or an earlier date selected under the Key Employee Deferred Compensation Plan, subject to legal holding periods.
What stock option positions does the FUL CFO retain after this filing?
The CFO retains several Employee Stock Option grants with exercise prices between $45.05 and $77.72 per share. Underlying share amounts include blocks such as 48,309, 41,208, and 24,774 shares, with expiration dates ranging from 2027 to 2036, reflecting long-dated incentive awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
