H.B. Fuller (FUL) SVP Shahbaz granted 16,863 options and new RSUs

Rhea-AI Filing Summary

H.B. Fuller senior vice president Malik Muhammad Shahbaz reported equity compensation changes in H.B. Fuller common stock. On January 26, 2026, he received an employee stock option grant for 16,863 shares at an exercise price of $59.81 per share.

On the same date, 606 restricted stock units (RSUs) converted into common shares, while 215 shares were withheld to cover taxes on the 606 issued shares. He also received a new award of 2,487 RSUs, which convert into common stock on a 1‑for‑1 basis. Following these transactions, he directly owned 13,289 shares of common stock, along with multiple vested and unvested option and RSU positions.

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)
01/26/2026

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	01/26/2026		M		606	A	$60.07	13,504	D
Common Stock	01/26/2026		F		215(1)	D	$60.07	13,289(2)	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
Employee Stock Option (Right-to-Buy)	$59.81	01/26/2026		A		16,863		01/26/2027(3)	01/26/2036	Common Stock	16,863	$59.81	16,863	D
Restricted Stock Units	$0.0000(4)	01/26/2026		M			606	01/26/2025(5)	01/26/2027	Common Stock	606	$60.07	626.58(6)	D
Restricted Stock Units	$0.0000(4)	01/26/2026		A		2,487		01/26/2027(5)	01/26/2029	Common Stock	2,487	$0.0000(4)	2,487	D
Employee Stock Option (Right-to-Buy)	$48.35							01/24/2021(7)	01/24/2030	Common Stock	4,115		4,115	D
Employee Stock Option (Right-to-Buy)	$51.89							01/27/2022(7)	01/27/2031	Common Stock	16,605		16,605	D
Employee Stock Option (Right-to-Buy)	$64.28							01/27/2026(3)	01/27/2035	Common Stock	10,237		10,237	D
Employee Stock Option (Right-to-Buy)	$68.17							01/24/2024(7)	01/24/2033	Common Stock	10,141		10,141	D
Employee Stock Option (Right-to-Buy)	$72.94							01/24/2023(7)	01/24/2032	Common Stock	10,448		10,448	D
Employee Stock Option (Right-to-Buy)	$77.72							01/26/2025(3)	01/26/2034	Common Stock	10,698		10,698	D
Restricted Stock Units	$0.0000(4)							01/27/2026(5)	01/27/2028	Common Stock	1,820.56		1,820.56(6)	D

Explanation of Responses:

1. Shares withheld for taxes due on 606 shares issued.

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

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

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

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

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

7. This option is 100% vested.

	/s/ Patrick J. Seul, Attorney-in-Fact	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

Who is the insider in H.B. Fuller (FUL)'s latest Form 4 filing?

Malik Muhammad Shahbaz, a Senior Vice President at H.B. Fuller, is the reporting person. The filing shows his role as officer, not a director or 10% owner, and details his recent stock option and restricted stock unit transactions.

What stock options did Malik Muhammad Shahbaz receive from H.B. Fuller (FUL)?

He received an employee stock option grant for 16,863 shares at an exercise price of $59.81 per share. These options relate to H.B. Fuller common stock and vest in three annual installments of 33%, 33%, and 34% beginning on the date shown.

What happened to Malik Muhammad Shahbaz’s restricted stock units in this H.B. Fuller (FUL) filing?

On January 26, 2026, 606 restricted stock units were converted into common stock and 2,487 new RSUs were granted. The RSUs convert into common shares on a 1‑for‑1 basis and vest in three annual installments starting on the specified dates.

Why were 215 H.B. Fuller (FUL) shares reported with transaction code F?

The filing states that 215 shares were withheld to cover taxes due on the 606 shares issued from vested restricted stock units. Transaction code F indicates tax withholding rather than an open market purchase or sale by Malik Muhammad Shahbaz.

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

After the reported transactions, Malik Muhammad Shahbaz directly owned 13,289 shares of H.B. Fuller common stock. This figure includes shares acquired over time, with some attributed to a dividend reinvestment plan as noted in the explanatory footnotes.

How do the restricted stock units in H.B. Fuller (FUL) vest for Malik Muhammad Shahbaz?

The filing explains that certain restricted stock units vest in three annual installments of 33%, 33%, and 34% beginning on the dates shown. These RSUs convert into H.B. Fuller common stock on a 1‑for‑1 basis upon vesting.