H.B. Fuller executive exercises options for 1,658 shares
FULLER H B CO senior vice president Joao Magalhaes reported a Form 4 showing an option exercise and his equity holdings.
Rhea-AI Filing Summary
FULLER H B CO senior vice president Joao Magalhaes reported a Form 4 showing an option exercise and his equity holdings. He exercised an employee stock option to acquire 1,658 shares of common stock at $50.10 per share, resulting in 5,523 common shares held directly after the transaction. The filing also lists multiple outstanding stock options and restricted stock units over common stock with various exercise prices and expiration dates, many vesting in three annual installments of 33%, 33%, and 34% and converting into common stock on a 1-for-1 basis, with some RSU amounts including dividend equivalent reinvestments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,658 shares exercised/converted
Exercise
14 txns
Insider
Magalhaes Joao
Role
Sr. VP, Engineering Adhesives
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right-to-Buy) F1 | 1,658 | $50.10 | $83K |
| Exercise | Common Stock | 1,658 | $50.10 | $83K |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F2 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F2 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F1 | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) F2 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4, F5 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4, F5 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4, F5 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right-to-Buy) — 38,744 contracts (Direct);
Common Stock — 5,523 shares (Direct);
Restricted Stock Units — 3,099.27 contracts (Direct)
Footnotes (5)
- F1. This option is 100% vested.
- F2. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- F3. These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- F4. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- F5. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
Key Figures
Shares acquired via option exercise: 1,658 shares
Option exercise price: $50.10 per share
Common shares held after transaction: 5,523 shares
+5 more
8 metrics
Shares acquired via option exercise
1,658 shares
Common stock acquired through employee stock option exercise coded M
Option exercise price
$50.10 per share
Exercise or conversion of employee stock option into 1,658 common shares
Common shares held after transaction
5,523 shares
Total direct non-derivative common stock ownership following the option exercise
Largest remaining option grant
12,647 underlying shares at $59.81
Employee stock option expiring on 2036-01-26
Second largest remaining option grant
8,853 underlying shares at $61.30
Employee stock option expiring on 2035-02-04
RSU position 1
1,879.40 underlying shares
Restricted stock units converting 1-for-1 into common stock, expiring 2029-01-26
RSU position 2
1,063.93 underlying shares
Restricted stock units converting 1-for-1 into common stock, expiring 2028-02-04
Total derivative exercises in filing
1,658 shares
ExerciseCount 1 and ExerciseShares 1,658 in transaction summary
Key Terms
Restricted Stock Units, Employee Stock Option (Right-to-Buy), dividend equivalent reinvestment feature, vests in three annual installments
4 terms
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
"Employee Stock Option (Right-to-Buy) with an exercise price of 50.1000 per share."
dividend equivalent reinvestment feature financial
"Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature."
vests in three annual installments financial
"These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Joao Magalhaes report in this Form 4 for FUL?
Joao Magalhaes reported an exercise of employee stock options and his equity holdings. He exercised options into 1,658 shares of common stock and now directly holds 5,523 common shares, plus multiple option and RSU positions over additional common stock.
What stock options over H.B. Fuller (FUL) common stock does Magalhaes still hold?
Magalhaes retains several employee stock options over common stock, including positions over 12,647 shares at an exercise price of $59.81 expiring on 2036-01-26 and 8,853 shares at $61.30 expiring on 2035-02-04, among other grants with varying prices and expirations.
What restricted stock units (RSUs) does Magalhaes hold in H.B. Fuller (FUL)?
He holds RSUs over 1,063.93, 1,879.40, and 155.94 underlying common shares. Footnotes state these RSUs convert to common stock on a 1-for-1 basis, vest in three annual installments of 33%, 33%, and 34%, and amounts include dividend equivalent reinvestments.
How many derivative securities did Magalhaes exercise in this H.B. Fuller (FUL) filing?
He exercised one employee stock option covering 1,658 underlying shares of common stock. After this M-code exercise, the option position over those 1,658 shares shows 0 remaining, while his other stock option and RSU positions remain outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
