H.B. Fuller (FUL) CEO nets stock from PSUs, RSUs and tax withholding
Rhea-AI Filing Summary
Mastin Celeste Beeks, President and CEO of H.B. Fuller (FUL), reported multiple equity award transactions dated 01/24/2026. She settled 9,533 performance stock units and 4,213 restricted stock units into common shares at a reference price of $60.07 per share, consistent with 1-for-1 conversion terms. An additional 377 common shares were credited from dividend accruals tied to these awards.
To cover taxes on the vested shares, Beeks had 1,791 and 3,937 common shares withheld, reducing the net shares retained. After these transactions, she directly owned 24,514 shares of common stock and indirectly held 3,500 shares through a revocable trust, while also maintaining sizeable employee stock options and restricted stock unit holdings that vest over future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 9,533 | $60.07 | $573K |
| Exercise | Restricted Stock Units | 4,213 | $60.07 | $253K |
| Exercise | Common Stock | 9,533 | $60.07 | $573K |
| Exercise | Common Stock | 4,213 | $60.07 | $253K |
| Grant/Award | Common Stock | 377 | $60.07 | $23K |
| Tax Withholding | Common Stock | 1,791 | $60.07 | $108K |
| Tax Withholding | Common Stock | 3,937 | $60.07 | $236K |
| 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 | Common Stock | -- | -- | -- |
Footnotes (1)
- This amount reflects the number of shares acquired pursuant to dividend accruals during the vesting period. Shares withheld for taxes due on 4,213 shares issued. Shares withheld for taxes due on 9,910 shares issued. These performance stock units convert into shares of common stock on a 1-for-1 basis. These restricted stock units convert into shares of common stock on a 1-for-1 basis. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown. This option is 100% vested. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
FAQ
Who is the insider in this H.B. Fuller (FUL) Form 4 filing?
The filing reports transactions by Mastin Celeste Beeks, who serves as a Director and as President and CEO of H.B. Fuller.
What equity awards did the H.B. Fuller (FUL) CEO convert into common stock?
On 01/24/2026, the CEO settled 9,533 performance stock units and 4,213 restricted stock units into shares of H.B. Fuller common stock at a reference price of $60.07 per share, with each unit converting into one share.
What ongoing stock option holdings does the H.B. Fuller (FUL) CEO report?
The CEO reports several employee stock options outstanding, including options exercisable for 135,135, 25,667, 72,261, and 103,228 shares of H.B. Fuller common stock, with exercise prices ranging from $64.28 to $77.72 and expirations between 2032 and 2035.
Do the restricted stock units in this H.B. Fuller (FUL) filing vest over time?
Yes. The filing explains that certain restricted stock units vest in three annual installments of 33%, 33%, and 34% beginning on the dates shown, and that they convert into common stock on a 1-for-1 basis.