H.B. Fuller (NYSE: FUL) SVP reports stock unit conversions and tax withholding

Rhea-AI Filing Summary

H.B. Fuller Senior VP Malik Muhammad Shahbaz reported several equity award transactions in company stock. On 01/24/2026, 1,337 performance stock units and 591 restricted stock units converted into the same number of H.B. Fuller common shares at prices of $60.07 and $60.70 per share, respectively. An additional 52 shares of common stock were credited from dividend accruals during vesting, while 210 shares and 493 shares were withheld to cover taxes on shares issued. After these transactions, he directly owned 12,898 shares of H.B. Fuller common stock and continued to hold multiple vested and unvested stock options and restricted stock units convertible into common shares.

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^*

Malik Muhammad Shahbaz

(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)
	Senior VP, BAS

3. Date of Earliest Transaction (Month/Day/Year)
01/24/2026

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	01/24/2026		M		1,337	A	$60.07	12,958	D
Common Stock	01/24/2026		M		591	A	$60.7	13,549	D
Common Stock	01/24/2026		A		52(1)	A	$60.07	13,601	D
Common Stock	01/24/2026		F		210(2)	D	$60.07	13,391	D
Common Stock	01/24/2026		F		493(3)	D	$60.07	12,898(4)	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
Performance Stock Units	$0.0000(5)	01/24/2026		M			1,337	01/24/2026	01/24/2026	Common Stock	1,337	$60.07	0.0000	D
Restricted Stock Units	$0.0000(6)	01/24/2026		M			591	01/24/2024(7)	01/24/2026	Common Stock	591	$60.07	0.0000	D
Employee Stock Option (Right-to-Buy)	$48.35							01/24/2021(8)	01/24/2030	Common Stock	4,115		4,115	D
Employee Stock Option (Right-to-Buy)	$51.89							01/27/2022(8)	01/27/2031	Common Stock	16,605		16,605	D
Employee Stock Option (Right-to-Buy)	$64.28							01/27/2026(9)	01/27/2035	Common Stock	10,237		10,237	D
Employee Stock Option (Right-to-Buy)	$68.17							01/24/2024(8)	01/24/2033	Common Stock	10,141		10,141	D
Employee Stock Option (Right-to-Buy)	$72.94							01/24/2023(8)	01/24/2032	Common Stock	10,448		10,448	D
Employee Stock Option (Right-to-Buy)	$77.72							01/26/2025(9)	01/26/2034	Common Stock	10,698		10,698	D
Restricted Stock Units	$0.0000(6)							01/26/2025(7)	01/26/2027	Common Stock	1,232.58		1,232.58(10)	D
Restricted Stock Units	$0.0000(6)							01/27/2026(7)	01/27/2028	Common Stock	1,820.56		1,820.56(10)	D

Explanation of Responses:

1. This amount reflects the number of shares acquired pursuant to dividend accruals during the vesting period.

2. Shares withheld for taxes due on 591 shares issued.

3. Shares withheld for taxes due on 1,389 shares issued.

4. Amount includes shares acquired pursuant to a dividend reinvestment plan.

5. These performance stock units convert into shares of common stock on a 1-for-1 basis.

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

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

8. This option is 100% vested.

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

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

	/s/ Patrick J. Seul, Attorney-in-Fact	01/27/2026
	** Signature of Reporting Person	Date
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FAQ

What insider activity did H.B. Fuller (FUL) report for Malik Muhammad Shahbaz?

Senior VP Malik Muhammad Shahbaz reported the conversion of 1,337 performance stock units and 591 restricted stock units into H.B. Fuller common stock on 01/24/2026, along with related dividend and tax-withholding share adjustments.

Did the H.B. Fuller (FUL) executive sell shares in the open market?

The filing shows equity awards converting into common stock and shares withheld to cover taxes. It does not list any open-market sale transaction codes such as a sale of common stock to third-party buyers.

How many H.B. Fuller (FUL) shares does Malik Muhammad Shahbaz own after these transactions?

Following the reported 01/24/2026 transactions, Malik Muhammad Shahbaz directly owned 12,898 shares of H.B. Fuller common stock.

What was the price used for the H.B. Fuller (FUL) equity award conversions?

The filing reports conversions of performance and restricted stock units into common shares at prices of $60.07 and $60.70 per share on 01/24/2026.

What types of derivative awards does the H.B. Fuller (FUL) executive still hold?

The report lists multiple employee stock options with various exercise prices and expiration dates, as well as restricted stock units that convert into H.B. Fuller common stock on a 1-for-1 basis and vest over time.