FULLER H B CO CFO receives phantom unit grant
FULLER H B CO Executive VP and CFO John J. Corkrean received a grant of 221.2700 Phantom Units on 2026-07-17 at a reported value of $56.9600 per unit.
Rhea-AI Filing Summary
FULLER H B CO Executive VP and CFO John J. Corkrean received a grant of 221.2700 Phantom Units on 2026-07-17 at a reported value of $56.9600 per unit. These units convert into common stock on a 1-for-1 basis under the Key Employee Deferred Compensation Plan and include amounts from dividend equivalents.
After this award he holds 34860.8500 Phantom Units and 59508 common shares directly, along with multiple employee stock options and restricted stock units with various exercise prices, share amounts and vesting schedules extending through 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 221.27 shares
Grant/Award
15 txns
Insider
Corkrean John J
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units F1, F2, F3 | 221.27 | $56.96 | $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 — 34,860.85 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: 221.2700 units
Phantom Unit value: $56.9600 per unit
Total Phantom Units held: 34860.8500 units
+5 more
8 metrics
Phantom Units granted
221.2700 units
Grant to John J. Corkrean on 2026-07-17
Phantom Unit value
$56.9600 per unit
Reported transaction price for Phantom Unit grant
Total Phantom Units held
34860.8500 units
Phantom Units held by John J. Corkrean after the grant
Direct common stock holdings
59508.0000 shares
FULLER H B CO common stock held directly
Option underlying shares at $45.0500
41208.0000 shares
Employee stock option, exercise price $45.0500, expiring 2029-01-24
Option underlying shares at $77.7200
24774.0000 shares
Employee stock option, exercise price $77.7200, expiring 2034-01-26
RSU underlying shares (2027-01-26 expiry)
1459.8200 shares
Restricted Stock Units converting 1-for-1 into common stock
RSU underlying shares (2029-01-26 expiry)
5848.8000 shares
Restricted Stock Units with three-installment vesting
Key Terms
Phantom Units, Restricted Stock Units, dividend equivalent feature, Key Employee Deferred Compensation Plan, +1 more
5 terms
Phantom Units financial
"These 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.
dividend equivalent feature financial
"Amount includes stock units acquired pursuant to a dividend equivalent feature."
Key Employee Deferred Compensation Plan financial
"Termination events as specified in the Key Employee Deferred Compensation Plan."
Employee Stock Option (Right-to-Buy) financial
"Employee Stock Option (Right-to-Buy) with specified exercise price and expiration date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FUL CFO John J. Corkrean report?
John J. Corkrean reported receiving 221.2700 Phantom Units on 2026-07-17 at a reported value of $56.9600 per unit. The Phantom Units are deferred compensation instruments that convert into FULLER H B CO common stock on a 1-for-1 basis under the company’s plan.
How many Phantom Units of FUL does John J. Corkrean now hold?
Following the July 2026 grant, John J. Corkrean holds 34860.8500 Phantom Units at FULLER H B CO. This amount includes stock units credited through a dividend equivalent feature, meaning additional units are added when dividends are paid on the underlying common stock.
What are Phantom Units in the FULLER H B CO (FUL) compensation plan?
Phantom Units are deferred compensation units that convert 1-for-1 into common stock of FULLER H B CO. They convert upon specified termination events or an earlier date chosen by the participant, subject to legal holding periods, and may accrue additional units via dividend equivalents.
What stock options does John J. Corkrean hold in FULLER H B CO (FUL)?
John J. Corkrean holds several employee stock options to buy FULLER H B CO common stock, with exercise prices from $45.0500 to $77.7200. These options cover tens of thousands of underlying shares and have expiration dates extending as far as 2036-01-26.
What restricted stock units (RSUs) does the FUL CFO currently hold?
He holds RSUs covering 1459.8200, 5848.8000 and 2952.1900 underlying shares of FULLER H B CO common stock. These RSUs convert 1-for-1 into shares and generally vest in three annual installments of 33%, 33% and 34%, beginning on specified grant-related dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
