Joao Magalhaes (NYSE: FUL) nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
H.B. Fuller senior vice president Joao Magalhaes reported routine equity activity. On February 4, 2026, 519 restricted stock units converted into common shares at $63.06 per share. This increased his directly held common stock before tax withholding.
To cover taxes on the vesting, 245 common shares were withheld at $63.06, leaving him with 3,865 directly owned common shares. He also continues to hold multiple fully vested and time-vesting employee stock options and additional restricted stock units that convert 1-for-1 into common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
519 shares exercised/converted
Mixed
15 txns
Insider
Magalhaes Joao
Role
Sr. VP, Engineering Adhesives
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 519 | $63.06 | $33K |
| Exercise | Common Stock | 519 | $63.06 | $33K |
| Tax Withholding | Common Stock | 245 | $63.06 | $15K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,055.78 shares (Direct);
Common Stock — 4,110 shares (Direct);
Employee Stock Option (Right-to-Buy) — 3,021 shares (Direct)
Footnotes (1)
- These restricted stock units convert into shares of common stock on a 1-for-1 basis. 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 is 100% vested. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
FAQ
What insider transaction did H.B. Fuller (FUL) executive Joao Magalhaes report?
Joao Magalhaes reported 519 restricted stock units converting into H.B. Fuller common stock. The units converted on February 4, 2026 at $63.06 per share, reflecting routine equity compensation rather than an open-market purchase or sale of existing shares.
What does the tax withholding transaction code F mean in the H.B. Fuller (FUL) Form 4?
Transaction code F shows 245 H.B. Fuller shares withheld to satisfy tax obligations from equity vesting. Instead of selling shares in the market, a portion of vested shares is retained by the company at $63.06 per share to cover required taxes.
What derivative awards and options does Joao Magalhaes hold in H.B. Fuller (FUL)?
Joao Magalhaes holds multiple employee stock options and restricted stock units that each convert into one H.B. Fuller share. Several options are already 100% vested, while others and certain RSUs vest in three annual installments beginning on their stated grant dates.
How do Joao Magalhaes’s restricted stock units (RSUs) in H.B. Fuller (FUL) vest?
His RSUs generally vest in three annual installments of 33%, 33%, and 34% starting on the grant date. Each vested unit converts into one H.B. Fuller common share, and some amounts include units added through a dividend equivalent reinvestment feature.
Are Joao Magalhaes’s H.B. Fuller (FUL) options currently exercisable?
Several of his employee stock options are described as 100% vested, meaning they are currently exercisable. Others vest over three annual installments, with each series tied to specific exercisable and expiration dates disclosed in the filing’s option table.