FULLER H B CFO granted new Phantom Units
FULLER H B CO Executive VP and CFO John J. Corkrean reported updated equity holdings, including a new grant of Phantom Units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
FULLER H B CO Executive VP and CFO John J. Corkrean reported updated equity holdings, including a new grant of Phantom Units. He received 195.98 Phantom Units at a reference value of $64.31 per unit, increasing his Phantom Unit balance to 34,423.73 units.
Corkrean also directly holds 59,508 shares of common stock, along with multiple tranches of restricted stock units and employee stock options that are tied to future vesting and expiration dates. The filing shows one compensation-related acquisition and no open-market purchases or sales of FULLER H B CO stock.
Insider Trade Summary
Grant/Award: 195.98 shares
Grant/Award
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 195.98 | $64.31 | $13K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Phantom Units — 34,423.73 contracts (Direct);
Employee Stock Option (Right-to-Buy) — 306,423 contracts (Direct);
Restricted Stock Units — 10,260.81 contracts (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: 195.98 units
Phantom Units total: 34,423.73 units
Phantom Unit reference price: $64.31 per unit
+4 more
7 metrics
Phantom Units granted
195.98 units
Grant of Phantom Units to CFO
Phantom Units total
34,423.73 units
Phantom Units held after grant
Phantom Unit reference price
$64.31 per unit
Transaction price per Phantom Unit
Common shares held
59,508 shares
Direct common stock ownership after transactions
Option strike price
$77.72 per share
Employee stock option exercise price, expiring 2034-01-26
Largest option tranche
48,309 shares
Employee stock option at $48.35, expiring 2030-01-24
RSU position
5,848.80 units
Restricted Stock Units expiring 2029-01-26
Key Terms
Phantom Units, Restricted Stock Units, Employee Stock Option (Right-to-Buy), Key Employee Deferred Compensation Plan, +1 more
5 terms
Phantom Units financial
"Phantom Units convert into shares of common stock on a 1-for-1 basis."
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 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) on common stock with specified exercise price."
Key Employee Deferred Compensation Plan financial
"Specified in the Key Employee Deferred Compensation Plan or such earlier date as selected."
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FULLER H B CO CFO John J. Corkrean report in this Form 4 for FUL?
John J. Corkrean reported a new grant of 195.98 Phantom Units and updated his existing equity holdings. The filing shows changes to his compensation-related awards but no open-market purchases or sales of FULLER H B CO common stock.
How many Phantom Units does FUL CFO John J. Corkrean now hold?
After receiving 195.98 additional Phantom Units, John J. Corkrean now holds 34,423.73 Phantom Units. These units are tied to FULLER H B CO common stock and are part of his deferred compensation and long-term incentive arrangements.
Did John J. Corkrean buy or sell FULLER H B CO common stock in this Form 4?
The Form 4 shows no open-market purchases or sales of FULLER H B CO common stock by John J. Corkrean. It instead reflects a grant of Phantom Units and updated holdings of stock, restricted stock units, and stock options.
What common stock and equity awards does FUL CFO John J. Corkrean directly hold?
John J. Corkrean directly holds 59,508 shares of FULLER H B CO common stock. He also holds various restricted stock units and employee stock options, each with specified exercise prices, vesting schedules, and expiration dates tied to future potential share delivery.
What are the key terms of John J. Corkrean’s Phantom Units at FULLER H B CO?
The Phantom Units convert into FULLER H B CO common stock on a one-for-one basis. They are acquired under a Key Employee Deferred Compensation Plan, can include dividend-equivalent credits, and are generally settled upon termination events or an earlier date selected under plan rules.
What stock option positions does FUL CFO John J. Corkrean have outstanding?
John J. Corkrean holds multiple employee stock options on FULLER H B CO common stock, with exercise prices ranging from $45.05 to $77.72. These options have expiration dates between 2027 and 2036, providing long-dated potential to purchase additional shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
