Director at FULLER H B CO (FUL) receives new grant of stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FULLER H B CO director Charles T. Lauber received a grant of 147.14 stock units on common stock. The units were valued at $65.72 per unit and increase his directly held stock unit balance to 10,179.79 units.
These stock units convert into shares of common stock on a 1-for-1 basis and will be converted upon retirement, death, disability or other specified events under the Directors' Deferred Compensation Plan, subject to legal holding periods. The filing also shows he directly holds 1,351 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lauber Charles T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 147.14 | $65.72 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 10,179.79 shares (Direct);
Common Stock — 1,351 shares (Direct)
Footnotes (1)
- These units convert into shares of common stock on a 1-for-1 basis. These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law. This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.
FAQ
What did the Form 4 filing report for FULLER H B CO (FUL)?
The Form 4 reports that director Charles T. Lauber received a grant of 147.14 stock units valued at $65.72 each, increasing his deferred stock unit balance to 10,179.79 units and confirming direct ownership of 1,351 shares of FULLER H B CO common stock.
How many stock units did Charles T. Lauber acquire in FUL on this date?
Charles T. Lauber acquired 147.14 stock units tied to FULLER H B CO common stock. These units are credited under the Directors' Deferred Compensation Plan and convert into common shares on a 1-for-1 basis upon retirement, death, disability, or other specified plan events.
At what price were the new stock units for FUL recorded in the Form 4?
The new stock units for FULLER H B CO were recorded at $65.72 per unit. This price is used for reporting purposes on the Form 4 and reflects the value assigned to the 147.14 stock units granted to director Charles T. Lauber.
What are Charles T. Lauber’s total stock unit holdings in FUL after this grant?
After the grant, Charles T. Lauber holds 10,179.79 stock units linked to FULLER H B CO common stock. These units are part of the Directors' Deferred Compensation Plan and will convert into common shares on a 1-for-1 basis upon specified triggering events defined in the plan.
How and when do the reported stock units in FUL convert into common stock?
The reported stock units convert into FULLER H B CO common stock on a 1-for-1 basis. Conversion occurs upon retirement, death, disability, or certain specified events under the Directors' Deferred Compensation Plan, and may be subject to legal holding periods after conversion.
Does the Form 4 show any changes to Charles T. Lauber’s direct common stock holdings in FUL?
The Form 4 confirms that Charles T. Lauber directly owns 1,351 shares of FULLER H B CO common stock. The filing classifies this as a holding entry rather than a new purchase or sale, while separately recording the acquisition of additional deferred stock units.