H.B. Fuller CFO granted 244 phantom units
H.B. Fuller’s CFO received a new grant of phantom units tied 1-for-1 to FUL common stock, adding to his existing equity and option holdings.
Rhea-AI Filing Summary
FULLER H B CO (FUL) reported that Executive VP and CFO John J. Corkrean received a grant of 244.25 Phantom Units on September 11, 2026, valued at $51.60 per unit. This grant increases his directly held Phantom Units to 35,899.53 units, which convert into common stock on a 1-for-1 basis, with timing tied to specified termination events or an earlier date he selects under the Key Employee Deferred Compensation Plan, subject to required holding periods. The amount includes units acquired through a dividend equivalent feature. He also directly holds 59,508 shares of common stock and multiple fully vested or time-vested employee stock options and restricted stock units over additional shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 244.25 shares
Grant/Award
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units F1, F2, F3 | 244.25 | $51.60 | $13K |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F5 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7, F8 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Units — 35,899.53 contracts (Direct);
Employee Stock Option (Right-to-Buy) — 306,423 contracts (Direct);
Restricted Stock Units — 10,302.55 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 granted: 244.25 units
Phantom Unit value: $51.60 per unit
Total Phantom Units after grant: 35,899.53 units
+4 more
7 metrics
Phantom Units granted
244.25 units
Grant to Executive VP and CFO on September 11, 2026
Phantom Unit value
$51.60 per unit
Reported transaction price for the September 11, 2026 grant
Total Phantom Units after grant
35,899.53 units
Directly held by John J. Corkrean after the reported acquisition
Direct common stock holdings
59,508 shares
FUL common stock directly owned by the CFO as reported
Stock option block at $45.05
41,208 underlying shares at $45.05
Employee Stock Option (Right-to-Buy) expiring January 24, 2029
Stock option block at $48.35
48,309 underlying shares at $48.35
Employee Stock Option (Right-to-Buy) expiring January 24, 2030
Restricted Stock Units expiring 2029-01-26
5,872.59 underlying shares
RSUs over FUL common stock with 1-for-1 conversion and three-year vesting
Key Terms
Phantom Units, Restricted Stock Units, dividend equivalent feature, Key Employee Deferred Compensation Plan
4 terms
Phantom Units financial
"These units (acquired after 12-31-04) convert into shares of common stock"
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.
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature"
Key Employee Deferred Compensation Plan financial
"specified in the Key Employee Deferred Compensation Plan or such earlier date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did FUL CFO John J. Corkrean receive on September 11, 2026?
He received a grant of 244.25 Phantom Units on September 11, 2026, at a reported value of $51.60 per unit. These units convert into common stock on a 1-for-1 basis under the Key Employee Deferred Compensation Plan.
How many Phantom Units tied to FUL stock does the CFO hold after this filing?
After the September 11, 2026 grant, John J. Corkrean directly holds 35,899.53 Phantom Units. According to the plan terms, these units are convertible into an equal number of FUL common shares, subject to specified events and legal holding periods.
What stock options over FUL common stock are reported for the CFO?
The filing lists multiple Employee Stock Options (Right-to-Buy) over FUL common stock, including blocks with exercise prices of $45.05 over 41,208 shares and $48.35 over 48,309 shares, among others, with stated vesting and expiration dates.
Were the FUL Phantom Units subject to dividend equivalents?
Yes. The filing states the reported Phantom Unit total includes stock units acquired pursuant to a dividend equivalent feature, meaning additional units accrue based on dividends credited under the plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
