FULLER H B CO CFO granted 223.66 phantom units
Rhea-AI Filing Summary
FULLER H B CO (FUL) reported that Executive VP and CFO John J. Corkrean received a grant of 223.66 Phantom Units on 2026-08-28 at a reference value of $56.35 per unit. These units convert into common stock on a 1-for-1 basis under the Key Employee Deferred Compensation Plan, bringing his Phantom Unit balance to 35,655.28 units. The filing also lists his existing option, restricted stock unit, and common stock holdings, including 59,508 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units F1, F2, F3 | 223.66 | $56.35 | $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 — 35,655.28 shares (Direct);
Employee Stock Option (Right-to-Buy) — 306,423 shares (Direct);
Restricted Stock Units — 10,302.55 shares (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: 223.6600 units
Phantom Units total holdings: 35655.2800 units
Phantom Unit reference value: $56.3500 per unit
+5 more
8 metrics
Phantom Units granted
223.6600 units
Grant on 2026-08-28 at $56.35 reference value per unit
Phantom Units total holdings
35655.2800 units
Total Phantom Units following the 2026-08-28 grant
Phantom Unit reference value
$56.3500 per unit
Value used for the 223.66-unit Phantom Unit grant on 2026-08-28
Common Stock direct holdings
59508.0000 shares
Directly held common shares as of 2026-08-28
Stock option exercise price
$45.0500
Employee Stock Option on 41,208 underlying common shares expiring 2029-01-24
Stock option exercise price
$77.7200
Employee Stock Option on 24,774 underlying common shares expiring 2034-01-26
RSU underlying shares
5872.5900 shares
Restricted Stock Units expiring 2029-01-26, converting 1-for-1 into common stock
RSU underlying shares
2964.2000 shares
Restricted Stock Units expiring 2028-01-27, converting 1-for-1 into common stock
Key Terms
Phantom Units, Restricted Stock Units, Key Employee Deferred Compensation Plan, dividend equivalent feature, +1 more
5 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"
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.
Key Employee Deferred Compensation Plan financial
"termination events as specified in the Key Employee Deferred Compensation Plan"
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature"
dividend equivalent reinvestment feature financial
"restricted stock units acquired pursuant to a dividend equivalent reinvestment feature"
FAQ
What did FUL executive John J. Corkrean report in this Form 4?
John J. Corkrean reported a grant of 223.66 Phantom Units of FULLER H B CO on 2026-08-28 at a reference value of $56.35 per unit, increasing his Phantom Unit holdings to 35,655.28 units, plus he disclosed existing option, RSU, and common stock positions.
How many FULLER H B CO Phantom Units does the CFO hold after this transaction (FUL)?
After the 2026-08-28 grant, John J. Corkrean holds 35,655.28 Phantom Units of FULLER H B CO. According to the plan terms, these units convert into common stock on a 1-for-1 basis upon specified termination events or an earlier selected date, subject to legal holding periods.
What stock options held by the FUL CFO are disclosed in this Form 4?
The filing lists multiple Employee Stock Options on FULLER H B CO common stock, including grants with exercise prices from $45.05 to $77.72 and underlying share amounts such as 41,208, 48,309, and 39,347 shares, with expiration dates ranging from 2027-01-26 to 2036-01-26.
What Restricted Stock Units does the FUL CFO have outstanding?
John J. Corkrean has Restricted Stock Units over FULLER H B CO common stock totaling 1,465.76, 5,872.59, and 2,964.20 underlying shares in three awards. These RSUs convert 1-for-1 into common stock and vest in three annual installments of 33%, 33%, and 34%.
Do the reported Phantom Units for FUL’s CFO pay dividends?
The Phantom Unit total of 35,655.28 units includes amounts acquired through a dividend equivalent feature, meaning additional units are credited based on dividends on FULLER H B CO common stock, as disclosed in the footnote to the Phantom Units transaction.
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