Form 4: Corkrean John J reports acquisition/exercise transactions in FUL
Rhea-AI Filing Summary
Corkrean John J reported acquisition or exercise transactions in a Form 4 filing for FUL. The filing lists transactions totaling 183 shares at a weighted average price of $67.49 per share. Following the reported transactions, holdings were 32,305 shares.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 183.15 | $67.49 | $12K |
| 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 | -- | -- | -- |
Footnotes (1)
- These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis. 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. Amount includes stock units acquired pursuant to a dividend equivalent feature. This option is 100% vested. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown. 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.
FAQ
What insider transaction did H.B. Fuller (FUL) report for its CFO?
H.B. Fuller reported that Executive VP and CFO John J. Corkrean received a grant of 183.15 phantom units on 02/13/2026. After this equity-based award, he directly beneficially owned 32,304.53 phantom units linked to H.B. Fuller common stock.
What are the key details of the 183.15 phantom units granted to FUL’s CFO?
The CFO was granted 183.15 phantom units at a reference price of $67.49 per unit on 02/13/2026. According to the footnotes, these units convert into shares of common stock on a 1‑for‑1 basis under the company’s deferred compensation plan.
How many phantom units does the FUL executive beneficially own after the latest Form 4?
Following the 183.15-unit grant on 02/13/2026, Executive VP and CFO John J. Corkrean beneficially owns 32,304.53 phantom units. The amount includes stock units credited through a dividend equivalent feature described in the filing’s footnotes.
What other equity awards does the FUL CFO hold besides phantom units?
The filing shows multiple employee stock options and restricted stock units held directly by the CFO. Certain options are 100% vested, while others and the restricted stock units vest in three annual installments of 33%, 33%, and 34% beginning on their respective dates.
Do the phantom units and RSUs for FUL’s CFO convert into H.B. Fuller common stock?
Yes. The footnotes state that both phantom units and restricted stock units convert into H.B. Fuller common stock on a 1‑for‑1 basis. Some phantom units convert upon specified termination events or earlier dates selected under the Key Employee Deferred Compensation Plan.
Is the reported FUL Form 4 transaction a purchase or a compensation award?
The transaction is a compensation award. The Form 4 classifies the 183.15 phantom units dated 02/13/2026 under transaction code “A,” described as a grant, award, or other acquisition, rather than an open-market stock purchase or sale.